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ZIP Code · MI

ZIP 48076

Pop. 25,405·Oakland County·29th most expensive ZIP in Michigan
Median rent (all units)
$1,860/mo
Year-over-Year
+11.3%
Month-over-Month
+0.3%
vs US Median
-$105
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 48076 · $1,860
More expensive than 52% of US ZIP codes · National median $1,965/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: July 20, 2026

Annual cost
$22,320/yr
At $1,860/mo median
Location
StateMI
CountyOakland County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 11.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+11.3% YoY, +0.3% MoM), not inventory.
Demographics

Who lives here

ZIP 48076 (Lathrup Village, MI) is majority owner-occupied, has a large retiree population, has a median income above the national average, 45.7% of residents hold a bachelor's degree or higher.

Population
25,405
Median income
$90,058
Median age
45
Renters
26.4%
Age distribution
17.7%
21.9%
25%
14.1%
21.3%
Under 1817.7%
18–3421.9%
35–5425%
55–6414.1%
65+21.3%
Gender
46.9%
53.1%
Male46.9%
Female53.1%
Race & ethnicity
29.6%
61.2%
White29.6%
Black61.2%
Hispanic2.4%
Asian2.1%
Other4.7%
Education (25+)
16.6%
32.2%
45.7%
No HS diploma5.5%
HS diploma16.6%
Some college32.2%
Bachelor's+45.7%
Housing tenure
73.6%
26.4%
Owner73.6%
Renter26.4%

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

2021 vs 2026

How ZIP 48076 in Lathrup Village, MI has changed in 5 years

Income
$74,986 → $90,058
up 20.1%
Population
24,069 → 25,405
up 5.6%
Renter share
28.6% → 26.4%
-2.2 pts
Bachelor's+
45.2% → 45.7%
+0.5 pts

Median household income climbed from $74,986 to $90,058 between 2021 and 2024, a 20.1% shift. Census counts show ZIP 48076 in Lathrup Village, MI adding about 1,336 residents over the five-year window, up 5.6% on net. The renter share has eased from 28.6% to 26.4%, with owner-occupied housing accounting for the remainder.

Community

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Local insights

Tips for renters in ZIP 48076

About renting in ZIP 48076

Last updated: July 20, 2026

ZIP code 48076 covers Lathrup Village, MI. The median rent here is $1,860/mo as of July 2026. A 1-bedroom rents for a median of $1,350/mo. A 2-bedroom rents for a median of $1,700/mo.

At 25% of local median household income ($90,058/yr), ZIP 48076 ranks as affordable compared to the national benchmark of 30%. Rents have increased 11.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 48076?

As of July 20, 2026, the median monthly rent in ZIP 48076 (Lathrup Village, MI) is $1,860. This is based on aggregated data from public sources and community submissions.

How does ZIP 48076 rent compare to the US average?

ZIP 48076's median rent of $1,860/mo is $105 (5%) below the US national median of $1,965/mo.

How does ZIP 48076 compare to other ZIPs in Michigan?

ZIP 48076 is one of the pricier ZIP codes in Michigan, ranking #29 out of 165 ZIPs tracked at $1,860/mo.

How much income do you need to rent in ZIP 48076?

To keep rent at or below 30% of gross income, you would need to earn at least $74,000/year (~$36/hour full-time) to afford the median rent of $1,860/mo in ZIP 48076. The local median household income is $90,058/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 48076?

Rent in ZIP 48076 has increased 11.3% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 48076 an affordable place to rent?

ZIP 48076 is considered affordable for renters. At $1,860/mo, rent takes approximately 25% of the local median household income ($90,058/yr). The standard benchmark is 30%. ZIP 48076 falls comfortably within that range.

What percentage of ZIP 48076 residents rent vs. own?

According to Census data, approximately 26.4% of ZIP 48076 households are renters, while 73.6% are owner-occupied. ZIP 48076 leans toward homeownership, which can mean a smaller rental inventory.

When was rent data for ZIP 48076 last updated?

Rent data for ZIP 48076 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
25%
AFFORDABLE

At $1,860/mo, rent takes ~25% of ZIP 48076's median household income ($90,058/yr). The standard benchmark is 30%.

ZIP 48076 25%Benchmark 30%
State income tax4.25%
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Schools nearby

Public schools near ZIP 48076 (Lathrup Village, MI)

Recent submissions

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