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ZIP Code · MI

ZIP 48197

Pop. 66,525·Washtenaw County·89th most expensive ZIP in Michigan
Median rent (all units)
$1,420/mo
Year-over-Year
+18.4%
Month-over-Month
-1.5%
vs US Median
-$545
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 48197 · $1,420
More affordable than 79% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,220
1 BR
$1,240
2 BR
$1,480
3 BR
$1,770
4 BR+
$1,960
Research median
$1,480/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
$17,040/yr
At $1,420/mo median
Location
StateMI
CountyWashtenaw County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 18.4% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+18.4% YoY, -1.5% MoM), not inventory.
Demographics

Who lives here

ZIP 48197 (Ypsilanti, MI) is roughly split between renters and owners, skews toward younger working-age adults, 47.5% of residents hold a bachelor's degree or higher.

Population
66,525
Median income
$73,737
Median age
33.4
Renters
46.1%
Age distribution
19.3%
33.1%
24.4%
12.1%
Under 1819.3%
18–3433.1%
35–5424.4%
55–6411.1%
65+12.1%
Gender
48%
52%
Male48%
Female52%
Race & ethnicity
56.9%
23.5%
White56.9%
Black23.5%
Hispanic7.9%
Asian7%
Other4.7%
Education (25+)
17.3%
29%
47.5%
No HS diploma6.1%
HS diploma17.3%
Some college29%
Bachelor's+47.5%
Housing tenure
53.9%
46.1%
Owner53.9%
Renter46.1%

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

2021 vs 2026

How ZIP 48197 in Ypsilanti, MI has changed in 5 years

Rent
$943 → $1,420
up 50.6%
Income
$63,676 → $73,737
up 15.8%
Population
67,037 → 66,525
down 0.8%
Renter share
47.3% → 46.1%
-1.2 pts
Bachelor's+
45.6% → 47.5%
+1.9 pts
Median age
31.5 → 33.4
+1.9 yrs

Compared with 2021, rent in ZIP 48197 in Ypsilanti, MI has climbed by $477 per month, settling near $1,420 after starting the period at $943. Median household income grew from $63,676 to $73,737 between 2021 and 2024, a 15.8% shift. Rent outpaced income growth by roughly 34.8 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Taken together, the five-year picture in ZIP 48197 in Ypsilanti, MI reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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Local insights

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About renting in ZIP 48197

Last updated: July 20, 2026

ZIP code 48197 covers Ypsilanti, MI. The median rent here is $1,420/mo as of July 2026. A 1-bedroom rents for a median of $1,240/mo. A 2-bedroom rents for a median of $1,480/mo.

At 23% of local median household income ($73,737/yr), ZIP 48197 ranks as affordable compared to the national benchmark of 30%. Rents have increased 18.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 48197?

As of July 20, 2026, the median monthly rent in ZIP 48197 (Ypsilanti, MI) is $1,420. This is based on aggregated data from public sources and community submissions.

How does ZIP 48197 rent compare to the US average?

ZIP 48197's median rent of $1,420/mo is $545 (28%) below the US national median of $1,965/mo.

How does ZIP 48197 compare to other ZIPs in Michigan?

ZIP 48197 falls in the middle range for Michigan, ranking #89 out of 165 ZIPs at $1,420/mo.

How much income do you need to rent in ZIP 48197?

To keep rent at or below 30% of gross income, you would need to earn at least $57,000/year (~$27/hour full-time) to afford the median rent of $1,420/mo in ZIP 48197. The local median household income is $73,737/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 48197?

Rent in ZIP 48197 has increased 18.4% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 48197 an affordable place to rent?

ZIP 48197 is considered very affordable for renters. At $1,420/mo, rent takes approximately 23% of the local median household income ($73,737/yr). The standard benchmark is 30%. ZIP 48197 falls comfortably within that range.

What percentage of ZIP 48197 residents rent vs. own?

According to Census data, approximately 46.1% of ZIP 48197 households are renters, while 53.9% are owner-occupied. ZIP 48197 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 48197 compare to the rest of Ypsilanti?

ZIP 48197 is more affordable than Ypsilanti overall. At $1,420/mo, it's $15 below the Ypsilanti citywide median of $1,435/mo.

When was rent data for ZIP 48197 last updated?

Rent data for ZIP 48197 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
23%
VERY AFFORDABLE

At $1,420/mo, rent takes ~23% of ZIP 48197's median household income ($73,737/yr). The standard benchmark is 30%.

ZIP 48197 23%Benchmark 30%
State income tax4.25%
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