ZIP Code · MI

ZIP 48187

Part of Canton, MI

Pop. 53,376·Wayne County·25th most expensive ZIP in Michigan

Median rent (all units)

$1,875/mo

Year-over-Year

+3.4%

Month-over-Month

Stable

vs US Median

-$57

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 48187 · $1,875

More expensive than 54% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,230

1 BR

$1,370

2 BR

$1,720

3 BR

$2,100

4 BR+

$2,280

Research median

$1,720/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

Compared with the peak

Rent in ZIP 48187 is 0.3% below its high of $1,881 in July 2026, at $1,875 as of September 2026.

Past year vs. the rest of Michigan

Rent in ZIP 48187 changed +3.4% over the year to September 2026. Across the 134 Michigan ZIP codes Zillow tracks, the typical change was +4.4%.

Recent direction

Rent rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($120,321) is $3,008 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,280).

Cheaper nearby

ZIP 48170, 4 miles away, rents for 17% less ($1,550/mo), about $3,900 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 48187. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$22,500/yr

At $1,875/mo median

Location

CityCanton

StateMI

CountyWayne County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (3.4% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+3.4% YoY, +0.1% MoM), not inventory.

Demographics

Who lives here

ZIP 48187 (Canton, MI) is majority owner-occupied, has a median income above the national average, 52.5% of residents hold a bachelor's degree or higher.

Population

53,376

Median income

$120,321

Median age

40.6

Renters

28.6%

Age distribution

23.2%

20.5%

26.8%

12.3%

17.2%

Under 1823.2%

18–3420.5%

35–5426.8%

55–6412.3%

65+17.2%

Gender

49%

51%

Male49%

Female51%

Race & ethnicity

66.6%

16.6%

White66.6%

Black9.8%

Hispanic5.5%

Asian16.6%

Other1.5%

Education (25+)

13.6%

27.9%

52.5%

No HS diploma6%

HS diploma13.6%

Some college27.9%

Bachelor's+52.5%

Housing tenure

71.4%

28.6%

Owner71.4%

Renter28.6%

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

2022 vs 2026

How ZIP 48187 in Canton, MI has changed in 5 years

Rent

$1,686 → $1,875

up 11.2%

Income

$100,150 → $120,321

up 20.1%

Population

52,304 → 53,376

up 2.0%

Renter share

29.3% → 28.6%

-0.7 pts

Bachelor's+

50.8% → 52.5%

+1.7 pts

Median age

39.9 → 40.6

+0.7 yrs

Across the past five years, the going rent in ZIP 48187 in Canton, MI has shifted from $1,686 to $1,875, up 11.2% since 2022. Household income in the area moved from $100,150 to $120,321 across the same window, up 20.1% versus 2021. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show ZIP 48187 in Canton, MI adding about 1,072 residents over the five-year window, up 2.0% on net. Reading these numbers side by side helps frame whether current listings in ZIP 48187 in Canton, MI look reasonable against where the market sat half a decade ago.

Community

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Local insights

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About renting in ZIP 48187

Last updated: October 17, 2026

ZIP code 48187 covers Canton, MI. The median rent here is $1,875/mo as of October 2026. A 1-bedroom rents for a median of $1,370/mo. A 2-bedroom rents for a median of $1,720/mo.

At 19% of local median household income ($120,321/yr), ZIP 48187 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.4% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 48187?

To keep rent at or below 30% of gross income, you would need to earn at least $75,000/year (about $36/hour full-time) to afford the median rent of $1,875/mo in ZIP 48187. The local median household income is $120,321/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 48187?

Rent in ZIP 48187 has risen 3.4% over the past year as of September 2026. It sits 0.3% below its high of $1,881 in July 2026.

How does ZIP 48187 compare to other ZIPs in Michigan?

ZIP 48187 is one of the pricier among Michigan ZIP codes for rent, ranking #25 of 168 at $1,875/mo. Over the year to September 2026, rent in ZIP 48187 changed +3.4%, against a typical +4.4% across the 134 Michigan ZIP codes Zillow tracks.