ZIP 48067
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12-month history
Last updated: October 17, 2026
What the numbers show
January. Asking rents in ZIP 48067 usually run 1.4% below trend in January and 0.8% above it in May, about $46 a month apart at today's median. Based on 11 years of data.
Rent in ZIP 48067 is at its highest level since Zillow's records here began in January 2015.
Rent in ZIP 48067 changed +5.9% over the year to September 2026. Across the 134 Michigan ZIP codes Zillow tracks, the typical change was +4.4%.
From 2019 to 2024, rent in ZIP 48067 rose 23.9% while median household income rose 31.3% ($85,939 to $112,840). Income kept ahead of rent.
Rent in ZIP 48067 is 31.8% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 4 months in a row, and rose in 10 of the last 12 months.
30% of the median household income ($112,840) is $2,821 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,340).
ZIP 48071, 2 miles away, rents for 25% less ($1,565/mo), about $6,400 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 48067. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
Who lives here
ZIP 48067 (Royal Oak, MI) is majority owner-occupied, skews toward younger working-age adults, has a median income above the national average, 68.7% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 48067 in Royal Oak, MI has changed in 5 years
Rent in ZIP 48067 in Royal Oak, MI has climbed 28.2% since 2021, going from about $1,637 per month to roughly $2,099 today. Median household income grew from $93,902 to $112,840 between 2021 and 2024, a 20.2% shift. Rent outpaced income growth by roughly 8.0 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 24,107 to 24,868 between 2021 and 2024, a 3.2% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 64.8% to 68.7%. Taken together, the five-year picture in ZIP 48067 in Royal Oak, MI reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.
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Tips for renters in ZIP 48067
Last updated: October 17, 2026
ZIP code 48067 covers Royal Oak, MI. The median rent here is $2,099/mo as of October 2026. A 1-bedroom rents for a median of $1,410/mo. A 2-bedroom rents for a median of $1,770/mo.
At 22% of local median household income ($112,840/yr), ZIP 48067 ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.9% over the past year.
Frequently asked questions
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How does ZIP 48067 compare to the rest of Royal Oak?
At $2,099/mo, rent takes ~22% of ZIP 48067's median household income ($112,840/yr). The standard benchmark is 30%.
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