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ZIP Code · MI

ZIP 48187

Part of Canton, MI
Pop. 53,376·Wayne County·22nd most expensive ZIP in Michigan
Median rent (all units)
$1,916/mo
Year-over-Year
+12.1%
Month-over-Month
+2.1%
vs US Median
-$49
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 48187 · $1,916
More expensive than 56% of US ZIP codes · National median $1,965/mo
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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: July 20, 2026

Annual cost
$22,992/yr
At $1,916/mo median
Location
CityCanton
StateMI
CountyWayne County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 12.1% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+12.1% YoY, +2.1% 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

2021 vs 2026

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

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

Household income in the area moved from $100,150 to $120,321 across the same window, up 20.1% versus 2021. Census counts show ZIP 48187 in Canton, MI adding about 1,072 residents over the five-year window, up 2.0% on net.

Community

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Local insights

Tips for renters in ZIP 48187

About renting in ZIP 48187

Last updated: July 20, 2026

ZIP code 48187 covers Canton, MI. The median rent here is $1,916/mo as of July 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 12.1% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 48187?

As of July 20, 2026, the median monthly rent in ZIP 48187 (Canton, MI) is $1,916. This is based on aggregated data from public sources and community submissions.

How does ZIP 48187 rent compare to the US average?

ZIP 48187's median rent of $1,916/mo is $49 (2%) below the US national median of $1,965/mo.

How does ZIP 48187 compare to other ZIPs in Michigan?

ZIP 48187 is one of the pricier ZIP codes in Michigan, ranking #22 out of 165 ZIPs tracked at $1,916/mo.

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 $77,000/year (~$37/hour full-time) to afford the median rent of $1,916/mo in ZIP 48187. The local median household income is $120,321/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 48187?

Rent in ZIP 48187 has increased 12.1% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 48187 an affordable place to rent?

ZIP 48187 is considered very affordable for renters. At $1,916/mo, rent takes approximately 19% of the local median household income ($120,321/yr). The standard benchmark is 30%. ZIP 48187 falls comfortably within that range.

What percentage of ZIP 48187 residents rent vs. own?

According to Census data, approximately 28.6% of ZIP 48187 households are renters, while 71.4% are owner-occupied. ZIP 48187 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 48187 compare to the rest of Canton?

ZIP 48187 is more affordable than Canton overall. At $1,916/mo, it's $49 below the Canton citywide median of $1,965/mo.

When was rent data for ZIP 48187 last updated?

Rent data for ZIP 48187 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
19%
VERY AFFORDABLE

At $1,916/mo, rent takes ~19% of ZIP 48187's median household income ($120,321/yr). The standard benchmark is 30%.

ZIP 48187 19%Benchmark 30%
State income tax4.25%
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Schools nearby

Public schools near ZIP 48187 (Canton, MI)

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