ZIP Code · MI

ZIP 48072

Part of Berkley, MI
Pop. 15,149·Oakland County·15th most expensive ZIP in Michigan
Median rent (all units)
$2,014/mo
Year-over-Year
Stable
Month-over-Month
-0.5%
vs US Median
+$82
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 48072 · $2,014
More expensive than 62% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,220
1 BR
$1,350
2 BR
$1,700
3 BR
$2,080
4 BR+
$2,250
Research median
$1,700/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: October 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($116,239) is $2,906 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,250).

Cheaper nearby

ZIP 48073, 2 miles away, rents for 15% less ($1,711/mo), about $3,600 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 48072. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$24,168/yr
At $2,014/mo median
Location
StateMI
CountyOakland County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.0% YoY, -0.5% MoM), not inventory.
Demographics

Who lives here

ZIP 48072 (Berkley, MI) is majority owner-occupied, has a median income above the national average, 58.8% of residents hold a bachelor's degree or higher.

Population
15,149
Median income
$116,239
Median age
37.8
Renters
12.1%
Age distribution
20.4%
25.3%
26.2%
14.1%
14%
Under 1820.4%
18–3425.3%
35–5426.2%
55–6414.1%
65+14%
Gender
49.3%
50.7%
Male49.3%
Female50.7%
Race & ethnicity
85.2%
White85.2%
Black2.2%
Hispanic3.8%
Asian1%
Other7.7%
Education (25+)
12.8%
27%
58.8%
No HS diploma1.4%
HS diploma12.8%
Some college27%
Bachelor's+58.8%
Housing tenure
87.9%
12.1%
Owner87.9%
Renter12.1%

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

2021 vs 2026

How ZIP 48072 in Berkley, MI has changed in 5 years

Income
$96,993 → $116,239
up 19.8%
Population
15,234 → 15,149
down 0.6%
Renter share
16% → 12.1%
-3.9 pts
Bachelor's+
57.1% → 58.8%
+1.7 pts
Median age
37.2 → 37.8
+0.6 yrs

Household income in the area moved from $96,993 to $116,239 across the same window, up 19.8% versus 2021. About 12.1% of households rent today, against 16% in 2021.

Community

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Local insights

Tips for renters in ZIP 48072

About renting in ZIP 48072

Last updated: October 17, 2026

ZIP code 48072 covers Berkley, MI. The median rent here is $2,014/mo as of October 2026. A 1-bedroom rents for a median of $1,350/mo. A 2-bedroom rents for a median of $1,700/mo.

At 21% of local median household income ($116,239/yr), ZIP 48072 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 48072?

To keep rent at or below 30% of gross income, you would need to earn at least $81,000/year (about $39/hour full-time) to afford the median rent of $2,014/mo in ZIP 48072. The local median household income is $116,239/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 48072?

Rent in ZIP 48072 has been roughly flat over the past year, a 0.0% change.

How does ZIP 48072 compare to other ZIPs in Michigan?

ZIP 48072 is one of the pricier among Michigan ZIP codes for rent, ranking #15 of 168 at $2,014/mo.

How does ZIP 48072 compare to the rest of Berkley?

At $2,014/mo, ZIP 48072 is $21 above the Berkley citywide median of $1,993/mo.
Income Affordability
21%
VERY AFFORDABLE

At $2,014/mo, rent takes ~21% of ZIP 48072's median household income ($116,239/yr). The standard benchmark is 30%.

ZIP 48072 21%Benchmark 30%
State income tax4.25%
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Schools nearby

Public schools near ZIP 48072 (Berkley, MI)

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