RentDataNowRentDataNow
ZIP Code · MI

ZIP 48150

Part of Livonia, MI
Pop. 26,687·Wayne County·38th most expensive ZIP in Michigan
Median rent (all units)
$1,783/mo
Year-over-Year
Stable
Month-over-Month
-4.5%
vs US Median
-$182
Falling (Monthly)
Be the first to discuss 48150 rents ↓
Most AffordableMost Expensive
ZIP 48150 · $1,783
More affordable than 53% of US ZIP codes · National median $1,965/mo
Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,140
1 BR
$1,270
2 BR
$1,600
3 BR
$1,950
4 BR+
$2,120
Research median
$1,600/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost
$21,396/yr
At $1,783/mo median
Location
StateMI
CountyWayne County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -4.5% MoM), not inventory.
Demographics

Who lives here

ZIP 48150 (Livonia, MI) is majority owner-occupied, has a median income above the national average, 38% of residents hold a bachelor's degree or higher.

Population
26,687
Median income
$97,997
Median age
39.8
Renters
10.8%
Age distribution
19.4%
23.7%
23.6%
16.1%
17.3%
Under 1819.4%
18–3423.7%
35–5423.6%
55–6416.1%
65+17.3%
Gender
49.9%
50.1%
Male49.9%
Female50.1%
Race & ethnicity
86.8%
White86.8%
Black2.8%
Hispanic4.1%
Asian2.2%
Other4.2%
Education (25+)
22.7%
35.5%
38%
No HS diploma3.8%
HS diploma22.7%
Some college35.5%
Bachelor's+38%
Housing tenure
89.2%
Owner89.2%
Renter10.8%

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

2021 vs 2026

How ZIP 48150 in Livonia, MI has changed in 5 years

Income
$85,947 → $97,997
up 14.0%
Population
27,153 → 26,687
down 1.7%
Renter share
13% → 10.8%
-2.2 pts
Bachelor's+
33.2% → 38%
+4.8 pts

Census figures show median household income at $97,997 today, compared with $85,947 five years earlier. Census counts show ZIP 48150 in Livonia, MI losing about 466 residents over the five-year window, down 1.7% on net. The renter share has eased from 13% to 10.8%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 33.2% to 38% across the same window.

Community

Discussions about ZIP 48150

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 48150

About renting in ZIP 48150

Last updated: July 20, 2026

ZIP code 48150 covers Livonia, MI. The median rent here is $1,783/mo as of July 2026. A 1-bedroom rents for a median of $1,270/mo. A 2-bedroom rents for a median of $1,600/mo.

At 22% of local median household income ($97,997/yr), ZIP 48150 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 is rent in ZIP code 48150?

As of July 20, 2026, the median monthly rent in ZIP 48150 (Livonia, MI) is $1,783. This is based on aggregated data from public sources and community submissions.

How does ZIP 48150 rent compare to the US average?

ZIP 48150's median rent of $1,783/mo is $182 (9%) below the US national median of $1,965/mo.

How does ZIP 48150 compare to other ZIPs in Michigan?

ZIP 48150 is one of the pricier ZIP codes in Michigan, ranking #38 out of 165 ZIPs tracked at $1,783/mo.

How much income do you need to rent in ZIP 48150?

To keep rent at or below 30% of gross income, you would need to earn at least $71,000/year (~$34/hour full-time) to afford the median rent of $1,783/mo in ZIP 48150. The local median household income is $97,997/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 48150?

Rent in ZIP 48150 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 48150 an affordable place to rent?

ZIP 48150 is considered very affordable for renters. At $1,783/mo, rent takes approximately 22% of the local median household income ($97,997/yr). The standard benchmark is 30%. ZIP 48150 falls comfortably within that range.

What percentage of ZIP 48150 residents rent vs. own?

According to Census data, approximately 10.8% of ZIP 48150 households are renters, while 89.2% are owner-occupied. ZIP 48150 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 48150 compare to the rest of Livonia?

ZIP 48150 is pricier than Livonia as a whole. At $1,783/mo, it's $121 above the Livonia citywide median of $1,662/mo.

When was rent data for ZIP 48150 last updated?

Rent data for ZIP 48150 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
22%
VERY AFFORDABLE

At $1,783/mo, rent takes ~22% of ZIP 48150's median household income ($97,997/yr). The standard benchmark is 30%.

ZIP 48150 22%Benchmark 30%
State income tax4.25%
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Schools nearby

Public schools near ZIP 48150 (Livonia, MI)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.