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ZIP Code · MI

ZIP 48033

Pop. 17,277·Oakland County·70th most expensive ZIP in Michigan
Median rent (all units)
$1,511/mo
Year-over-Year
+3.2%
Month-over-Month
+0.2%
vs US Median
-$454
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 48033 · $1,511
More affordable than 73% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,100
1 BR
$1,220
2 BR
$1,540
3 BR
$1,880
4 BR+
$2,040
Research median
$1,540/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$18,132/yr
At $1,511/mo median
Location
StateMI
CountyOakland County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.2% YoY, +0.2% MoM), not inventory.
Demographics

Who lives here

ZIP 48033 (Southfield, MI) is roughly split between renters and owners, has a large retiree population, has a median income below the national average, 35.8% of residents hold a bachelor's degree or higher.

Population
17,277
Median income
$61,016
Median age
49.2
Renters
48.1%
Age distribution
16.3%
19.1%
23.3%
15.7%
25.5%
Under 1816.3%
18–3419.1%
35–5423.3%
55–6415.7%
65+25.5%
Gender
45.7%
54.3%
Male45.7%
Female54.3%
Race & ethnicity
22.4%
69.8%
White22.4%
Black69.8%
Hispanic1.4%
Asian1.9%
Other4.5%
Education (25+)
20.7%
37.5%
35.8%
No HS diploma5.9%
HS diploma20.7%
Some college37.5%
Bachelor's+35.8%
Housing tenure
51.9%
48.1%
Owner51.9%
Renter48.1%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 48033 in Southfield, MI has changed in 5 years

Income
$53,096 → $61,016
up 14.9%
Population
17,154 → 17,277
up 0.7%
Renter share
50% → 48.1%
-1.9 pts
Bachelor's+
32.5% → 35.8%
+3.3 pts
Median age
44.2 → 49.2
+5.0 yrs

Household income in the area moved from $53,096 to $61,016 across the same window, up 14.9% versus 2021. About 48.1% of households rent today, against 50% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 32.5% to 35.8%.

Community

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Local insights

Tips for renters in ZIP 48033

About renting in ZIP 48033

Last updated: July 20, 2026

ZIP code 48033 covers Southfield, MI. The median rent here is $1,511/mo as of July 2026. A 1-bedroom rents for a median of $1,220/mo. A 2-bedroom rents for a median of $1,540/mo.

At 30% of local median household income ($61,016/yr), ZIP 48033 ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.2% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 48033?

As of July 20, 2026, the median monthly rent in ZIP 48033 (Southfield, MI) is $1,511. This is based on aggregated data from public sources and community submissions.

How does ZIP 48033 rent compare to the US average?

ZIP 48033's median rent of $1,511/mo is $454 (23%) below the US national median of $1,965/mo.

How does ZIP 48033 compare to other ZIPs in Michigan?

ZIP 48033 falls in the middle range for Michigan, ranking #70 out of 165 ZIPs at $1,511/mo.

How much income do you need to rent in ZIP 48033?

To keep rent at or below 30% of gross income, you would need to earn at least $60,000/year (~$29/hour full-time) to afford the median rent of $1,511/mo in ZIP 48033. The local median household income is $61,016/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 48033?

Rent in ZIP 48033 has increased 3.2% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 48033 an affordable place to rent?

ZIP 48033 is considered moderate for renters. At $1,511/mo, rent takes approximately 30% of the local median household income ($61,016/yr). The standard benchmark is 30%. ZIP 48033 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 48033 residents rent vs. own?

According to Census data, approximately 48.1% of ZIP 48033 households are renters, while 51.9% are owner-occupied. ZIP 48033 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 48033 compare to the rest of Southfield?

ZIP 48033 is more affordable than Southfield overall. At $1,511/mo, it's $22 below the Southfield citywide median of $1,533/mo.

When was rent data for ZIP 48033 last updated?

Rent data for ZIP 48033 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
30%
MODERATE

At $1,511/mo, rent takes ~30% of ZIP 48033's median household income ($61,016/yr). The standard benchmark is 30%.

ZIP 48033 30%Benchmark 30%
State income tax4.25%
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Schools nearby

Public schools near ZIP 48033 (Southfield, MI)

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