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ZIP Code · MI

ZIP 48161

Part of Monroe, MI
Pop. 26,304·Monroe County·154th most expensive ZIP in Michigan
Median rent (all units)
$1,075/mo
Year-over-Year
Stable
Month-over-Month
+3.2%
vs US Median
-$890
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 48161 · $1,075
More affordable than 96% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$860
1 BR
$950
2 BR
$1,250
3 BR
$1,510
4 BR+
$2,020
Research median
$1,250/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
$12,900/yr
At $1,075/mo median
Location
CityMonroe
StateMI
CountyMonroe County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +3.2% MoM), not inventory.
Demographics

Who lives here

ZIP 48161 (Monroe, MI) is majority owner-occupied, 19.3% of residents hold a bachelor's degree or higher.

Population
26,304
Median income
$67,414
Median age
42.9
Renters
23.6%
Age distribution
18.1%
22.1%
25.2%
15.8%
18.8%
Under 1818.1%
18–3422.1%
35–5425.2%
55–6415.8%
65+18.8%
Gender
47.6%
52.4%
Male47.6%
Female52.4%
Race & ethnicity
85.4%
White85.4%
Black4.8%
Hispanic4.8%
Asian0.5%
Other4.6%
Education (25+)
35.3%
35.3%
19.3%
No HS diploma10.1%
HS diploma35.3%
Some college35.3%
Bachelor's+19.3%
Housing tenure
76.4%
23.6%
Owner76.4%
Renter23.6%

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

2021 vs 2026

How ZIP 48161 in Monroe, MI has changed in 5 years

Income
$58,214 → $67,414
up 15.8%
Population
26,901 → 26,304
down 2.2%
Renter share
27.2% → 23.6%
-3.6 pts
Bachelor's+
18.2% → 19.3%
+1.1 pts
Median age
41.2 → 42.9
+1.7 yrs

Local incomes tracked alongside that move, going from a median of $58,214 in 2021 to $67,414 more recently. The population has contracted by 2.2% since 2021, moving from about 26,901 residents to roughly 26,304. Renters now make up 23.6% of households, compared with 27.2% five years ago.

Community

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Local insights

Tips for renters in ZIP 48161

About renting in ZIP 48161

Last updated: July 20, 2026

ZIP code 48161 covers Monroe, MI. The median rent here is $1,075/mo as of July 2026. A 1-bedroom rents for a median of $950/mo. A 2-bedroom rents for a median of $1,250/mo.

At 19% of local median household income ($67,414/yr), ZIP 48161 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 48161?

As of July 20, 2026, the median monthly rent in ZIP 48161 (Monroe, MI) is $1,075. This is based on aggregated data from public sources and community submissions.

How does ZIP 48161 rent compare to the US average?

ZIP 48161's median rent of $1,075/mo is $890 (45%) below the US national median of $1,965/mo.

How does ZIP 48161 compare to other ZIPs in Michigan?

ZIP 48161 is among the more affordable ZIP codes in Michigan, ranking #154 out of 165 ZIPs at $1,075/mo.

How much income do you need to rent in ZIP 48161?

To keep rent at or below 30% of gross income, you would need to earn at least $43,000/year (~$21/hour full-time) to afford the median rent of $1,075/mo in ZIP 48161. The local median household income is $67,414/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 48161?

Rent in ZIP 48161 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 48161 an affordable place to rent?

ZIP 48161 is considered very affordable for renters. At $1,075/mo, rent takes approximately 19% of the local median household income ($67,414/yr). The standard benchmark is 30%. ZIP 48161 falls comfortably within that range.

What percentage of ZIP 48161 residents rent vs. own?

According to Census data, approximately 23.6% of ZIP 48161 households are renters, while 76.4% are owner-occupied. ZIP 48161 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 48161 compare to the rest of Monroe?

ZIP 48161 is more affordable than Monroe overall. At $1,075/mo, it's $78 below the Monroe citywide median of $1,153/mo.

When was rent data for ZIP 48161 last updated?

Rent data for ZIP 48161 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
19%
VERY AFFORDABLE

At $1,075/mo, rent takes ~19% of ZIP 48161's median household income ($67,414/yr). The standard benchmark is 30%.

ZIP 48161 19%Benchmark 30%
State income tax4.25%
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Schools nearby

Public schools near ZIP 48161 (Monroe, MI)

Recent submissions

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