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ZIP Code · MI

ZIP 48188

Part of Canton, MI
Pop. 45,665·Wayne County·12th most expensive ZIP in Michigan
Median rent (all units)
$2,119/mo
Year-over-Year
+12.5%
Month-over-Month
+3.3%
vs US Median
+$157
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 48188 · $2,119
More expensive than 66% of US ZIP codes · National median $1,962/mo
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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

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Last updated: August 17, 2026

Annual cost
$25,428/yr
At $2,119/mo median
Location
CityCanton
StateMI
CountyWayne County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 12.5% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+12.5% YoY, +3.3% 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

2021 vs 2026

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

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

Census figures show median household income at $122,781 today, compared with $109,037 five years earlier.

Community

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Local insights

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About renting in ZIP 48188

Last updated: August 17, 2026

ZIP code 48188 covers Canton, MI. The median rent here is $2,119/mo as of August 2026. A 1-bedroom rents for a median of $1,490/mo. A 2-bedroom rents for a median of $1,880/mo.

At 21% of local median household income ($122,781/yr), ZIP 48188 ranks as affordable compared to the national benchmark of 30%. Rents have increased 12.5% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 48188?

As of August 17, 2026, the median monthly rent in ZIP 48188 (Canton, MI) is $2,119. This is based on aggregated data from public sources and community submissions.

How does ZIP 48188 rent compare to the US average?

ZIP 48188's median rent of $2,119/mo is $157 (8%) above the US national median of $1,962/mo.

How does ZIP 48188 compare to other ZIPs in Michigan?

ZIP 48188 is one of the pricier ZIP codes in Michigan, ranking #12 out of 170 ZIPs tracked at $2,119/mo.

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 $85,000/year (~$41/hour full-time) to afford the median rent of $2,119/mo in ZIP 48188. The local median household income is $122,781/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 48188?

Rent in ZIP 48188 has increased 12.5% over the past year as of August 17, 2026, putting upward pressure on renter budgets.

Is ZIP 48188 an affordable place to rent?

ZIP 48188 is considered very affordable for renters. At $2,119/mo, rent takes approximately 21% of the local median household income ($122,781/yr). The standard benchmark is 30%. ZIP 48188 falls comfortably within that range.

What percentage of ZIP 48188 residents rent vs. own?

According to Census data, approximately 17.2% of ZIP 48188 households are renters, while 82.8% are owner-occupied. ZIP 48188 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 48188 compare to the rest of Canton?

ZIP 48188 is pricier than Canton as a whole. At $2,119/mo, it's $127 above the Canton citywide median of $1,992/mo.

When was rent data for ZIP 48188 last updated?

Rent data for ZIP 48188 reflects August 17, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
21%
VERY AFFORDABLE

At $2,119/mo, rent takes ~21% of ZIP 48188's median household income ($122,781/yr). The standard benchmark is 30%.

ZIP 48188 21%Benchmark 30%
State income tax4.25%
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Schools nearby

Public schools near ZIP 48188 (Canton, MI)

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