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ZIP Code · MI

ZIP 48104

Pop. 43,979·Washtenaw County·4th most expensive ZIP in Michigan
Median rent (all units)
$2,266/mo
Year-over-Year
-22.3%
Month-over-Month
-0.1%
vs US Median
+$301
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 48104 · $2,266
More expensive than 72% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,620
1 BR
$1,650
2 BR
$1,970
3 BR
$2,360
4 BR+
$2,610
Research median
$1,970/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
$27,192/yr
At $2,266/mo median
Location
StateMI
CountyWashtenaw County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 22.3% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-22.3% YoY, -0.1% MoM), not inventory.
Demographics

Who lives here

ZIP 48104 (Ann Arbor, MI) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 80.9% of residents hold a bachelor's degree or higher.

Population
43,979
Median income
$64,231
Median age
22.9
Renters
63.1%
Age distribution
62.2%
13.4%
Under 188.1%
18–3462.2%
35–5413.4%
55–647.2%
65+9.1%
Gender
49.8%
50.2%
Male49.8%
Female50.2%
Race & ethnicity
74.7%
13.9%
White74.7%
Black4%
Hispanic5.1%
Asian13.9%
Other2.3%
Education (25+)
12.2%
80.9%
No HS diploma1.7%
HS diploma5.3%
Some college12.2%
Bachelor's+80.9%
Housing tenure
36.9%
63.1%
Owner36.9%
Renter63.1%

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

2021 vs 2026

How ZIP 48104 in Ann Arbor, MI has changed in 5 years

Rent
$1,914 → $2,266
up 18.4%
Income
$58,082 → $64,231
up 10.6%
Population
44,269 → 43,979
down 0.7%
Renter share
63.4% → 63.1%
-0.3 pts
Bachelor's+
81.2% → 80.9%
-0.3 pts

Since 2021, the typical rent in ZIP 48104 in Ann Arbor, MI has climbed from $1,914 to $2,266, a 18.4% change over five years. On the earnings side, the typical household in ZIP 48104 in Ann Arbor, MI now reports about $64,231, up from $58,082 in 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 48104 in Ann Arbor, MI reflects that arc in its own way.

Community

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Local insights

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About renting in ZIP 48104

Last updated: July 20, 2026

ZIP code 48104 covers Ann Arbor, MI. The median rent here is $2,266/mo as of July 2026. A 1-bedroom rents for a median of $1,650/mo. A 2-bedroom rents for a median of $1,970/mo.

At 42% of local median household income ($64,231/yr), ZIP 48104 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 22.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 48104?

As of July 20, 2026, the median monthly rent in ZIP 48104 (Ann Arbor, MI) is $2,266. This is based on aggregated data from public sources and community submissions.

How does ZIP 48104 rent compare to the US average?

ZIP 48104's median rent of $2,266/mo is $301 (15%) above the US national median of $1,965/mo.

How does ZIP 48104 compare to other ZIPs in Michigan?

ZIP 48104 is one of the pricier ZIP codes in Michigan, ranking #4 out of 165 ZIPs tracked at $2,266/mo.

How much income do you need to rent in ZIP 48104?

To keep rent at or below 30% of gross income, you would need to earn at least $91,000/year (~$44/hour full-time) to afford the median rent of $2,266/mo in ZIP 48104. The local median household income is $64,231/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 48104?

Rent in ZIP 48104 has decreased 22.3% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 48104 an affordable place to rent?

ZIP 48104 is considered stretched for renters. At $2,266/mo, rent takes approximately 42% of the local median household income ($64,231/yr). The standard benchmark is 30%. ZIP 48104 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 48104 residents rent vs. own?

According to Census data, approximately 63.1% of ZIP 48104 households are renters, while 36.9% are owner-occupied. With a majority renter population, ZIP 48104 has a strong rental market.

How does ZIP 48104 compare to the rest of Ann Arbor?

ZIP 48104 is pricier than Ann Arbor as a whole. At $2,266/mo, it's $107 above the Ann Arbor citywide median of $2,159/mo.

When was rent data for ZIP 48104 last updated?

Rent data for ZIP 48104 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
42%
STRETCHED

At $2,266/mo, rent takes ~42% of ZIP 48104's median household income ($64,231/yr). The standard benchmark is 30%.

ZIP 48104 42%Benchmark 30%
State income tax4.25%
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Schools nearby

Public schools near ZIP 48104 (Ann Arbor, MI)

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