ZIP Code · MI

ZIP 48108

Pop. 27,666·Washtenaw County·61st most expensive ZIP in Michigan
Median rent (all units)
$1,584/mo
Year-over-Year
+3.3%
Month-over-Month
+0.9%
vs US Median
-$348
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 48108 · $1,584
More affordable than 67% of US ZIP codes · National median $1,932/mo
Rent check

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,290
1 BR
$1,320
2 BR
$1,570
3 BR
$1,880
4 BR+
$2,080
Research median
$1,570/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

Past year vs. the rest of Michigan

Rent in ZIP 48108 changed +3.3% over the year to September 2026. Across the 134 Michigan ZIP codes Zillow tracks, the typical change was +4.4%.

Recent direction

Rent has risen 2 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($89,355) is $2,234 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,080).

Rank in Ann Arbor

1st cheapest of 4 ZIP codes in Ann Arbor.

Cheaper nearby

ZIP 48197, 5 miles away, rents for 23% less ($1,227/mo), about $4,300 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 48108. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$19,008/yr
At $1,584/mo median
Location
StateMI
CountyWashtenaw County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.3% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.3% YoY, +0.9% MoM), not inventory.
Demographics

Who lives here

ZIP 48108 (Ann Arbor, MI) is majority owner-occupied, 65.9% of residents hold a bachelor's degree or higher.

Population
27,666
Median income
$89,355
Median age
36.3
Renters
44.6%
Age distribution
18.7%
29.5%
25.2%
15.9%
Under 1818.7%
18–3429.5%
35–5425.2%
55–6410.8%
65+15.9%
Gender
50.8%
49.2%
Male50.8%
Female49.2%
Race & ethnicity
58.4%
15.1%
16.4%
White58.4%
Black15.1%
Hispanic5.9%
Asian16.4%
Other4.2%
Education (25+)
19.5%
65.9%
No HS diploma3.4%
HS diploma11.2%
Some college19.5%
Bachelor's+65.9%
Housing tenure
55.4%
44.6%
Owner55.4%
Renter44.6%

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

2021 vs 2026

How ZIP 48108 in Ann Arbor, MI has changed in 5 years

Income
$73,184 → $89,355
up 22.1%
Population
27,474 → 27,666
up 0.7%
Renter share
46% → 44.6%
-1.4 pts
Bachelor's+
62.6% → 65.9%
+3.3 pts
Median age
35.5 → 36.3
+0.8 yrs

Local incomes tracked alongside that move, going from a median of $73,184 in 2021 to $89,355 more recently. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 62.6% to 65.9%.

Community

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Local insights

Tips for renters in ZIP 48108

About renting in ZIP 48108

Last updated: October 17, 2026

ZIP code 48108 covers Ann Arbor, MI. The median rent here is $1,584/mo as of October 2026. A 1-bedroom rents for a median of $1,320/mo. A 2-bedroom rents for a median of $1,570/mo.

At 21% of local median household income ($89,355/yr), ZIP 48108 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 48108?

To keep rent at or below 30% of gross income, you would need to earn at least $63,000/year (about $30/hour full-time) to afford the median rent of $1,584/mo in ZIP 48108. The local median household income is $89,355/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 48108?

Rent in ZIP 48108 has risen 3.3% over the past year.

How does ZIP 48108 compare to other ZIPs in Michigan?

ZIP 48108 is in the middle among Michigan ZIP codes for rent, ranking #61 of 168 at $1,584/mo. Over the year to September 2026, rent in ZIP 48108 changed +3.3%, against a typical +4.4% across the 134 Michigan ZIP codes Zillow tracks.

How does ZIP 48108 compare to the rest of Ann Arbor?

At $1,584/mo, ZIP 48108 is $442 below the Ann Arbor citywide median of $2,026/mo. It is the 1st cheapest of 4 ZIP codes in Ann Arbor.
Income Affordability
21%
VERY AFFORDABLE

At $1,584/mo, rent takes ~21% of ZIP 48108's median household income ($89,355/yr). The standard benchmark is 30%.

ZIP 48108 21%Benchmark 30%
State income tax4.25%
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Schools nearby

Public schools near ZIP 48108 (Ann Arbor, MI)

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