ZIP Code · MI

ZIP 48188

Part of Canton, MI

Pop. 45,665·Wayne County·19th most expensive ZIP in Michigan

Median rent (all units)

$1,974/mo

Year-over-Year

+5.6%

Month-over-Month

+1.2%

vs US Median

+$42

Reported rents

Rising (Monthly)

Be the first to discuss 48188 rents ↓

Most AffordableMost Expensive

ZIP 48188 · $1,974

More expensive than 60% of US ZIP codes · National median $1,932/mo

Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,340

1 BR

$1,490

2 BR

$1,880

3 BR

$2,300

4 BR+

$2,490

Research median

$1,880/mo

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

Rent trends

12-month history

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 48188 is at its highest level since Zillow's records here began in February 2022.

Past year vs. the rest of Michigan

Rent in ZIP 48188 changed +5.6% 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 4 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($122,781) is $3,070 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,490).

Cheaper nearby

ZIP 48184, 4 miles away, rents for 41% less ($1,166/mo), about $9,700 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 48188. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$23,688/yr

At $1,974/mo median

Location

CityCanton

StateMI

CountyWayne County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 5.6% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+5.6% YoY, +1.2% MoM), not inventory.

Demographics

Who lives here

ZIP 48188 (Canton, MI) is majority owner-occupied, has a median income above the national average, 57.7% of residents hold a bachelor's degree or higher.

Population

45,665

Median income

$122,781

Median age

41.1

Renters

17.2%

Age distribution

23.1%

18.2%

29.7%

13.5%

15.6%

Under 1823.1%

18–3418.2%

35–5429.7%

55–6413.5%

65+15.6%

Gender

48.6%

51.4%

Male48.6%

Female51.4%

Race & ethnicity

57.4%

25.6%

White57.4%

Black10.2%

Hispanic2.7%

Asian25.6%

Other4.1%

Education (25+)

14.5%

22.3%

57.7%

No HS diploma5.6%

HS diploma14.5%

Some college22.3%

Bachelor's+57.7%

Housing tenure

82.8%

17.2%

Owner82.8%

Renter17.2%

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

2022 vs 2026

How ZIP 48188 in Canton, MI has changed in 5 years

Rent

$1,747 → $1,974

up 13.0%

Income

$109,037 → $122,781

up 12.6%

Population

45,287 → 45,665

up 0.8%

Renter share

17.9% → 17.2%

-0.7 pts

Bachelor's+

56.8% → 57.7%

+0.9 pts

Median age

39.9 → 41.1

+1.2 yrs

Since 2022, the typical rent in ZIP 48188 in Canton, MI has climbed from $1,747 to $1,974, a 13.0% change over five years. Census figures show median household income at $122,781 today, compared with $109,037 five years earlier. The combined trend lines point to a market that has changed measurably from where it stood in early 2022.

Community

Discussions about ZIP 48188

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 48188

About renting in ZIP 48188

Last updated: October 17, 2026

ZIP code 48188 covers Canton, MI. The median rent here is $1,974/mo as of October 2026. A 1-bedroom rents for a median of $1,490/mo. A 2-bedroom rents for a median of $1,880/mo.

At 19% of local median household income ($122,781/yr), ZIP 48188 ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 48188?

To keep rent at or below 30% of gross income, you would need to earn at least $79,000/year (about $38/hour full-time) to afford the median rent of $1,974/mo in ZIP 48188. The local median household income is $122,781/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 48188?

Rent in ZIP 48188 has risen 5.6% over the past year as of September 2026. That is the highest level since Zillow's records here began in February 2022.

How does ZIP 48188 compare to other ZIPs in Michigan?

ZIP 48188 is one of the pricier among Michigan ZIP codes for rent, ranking #19 of 168 at $1,974/mo. Over the year to September 2026, rent in ZIP 48188 changed +5.6%, against a typical +4.4% across the 134 Michigan ZIP codes Zillow tracks.