ZIP Code · MI

ZIP 48198

Part of Ypsilanti, MI

Pop. 39,244·Washtenaw County·57th most expensive ZIP in Michigan

Median rent (all units)

$1,640/mo

Year-over-Year

+6.0%

Month-over-Month

+1.1%

vs US Median

-$292

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 48198 · $1,640

More affordable than 63% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,100

1 BR

$1,120

2 BR

$1,340

3 BR

$1,610

4 BR+

$1,770

Research median

$1,340/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

Cheapest month to sign

March. Asking rents in ZIP 48198 usually run 2% below trend in March and 1.6% above it in September, about $59 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 48198 is at its highest level since Zillow's records here began in September 2021.

Past year vs. the rest of Michigan

Rent in ZIP 48198 changed +6.0% 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 8 of the last 12 months.

What a typical income covers

30% of the median household income ($63,326) is $1,583 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,340); a 3-bedroom is $1,610.

Cheaper nearby

ZIP 48197, 6 miles away, rents for 25% less ($1,227/mo), about $5,000 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 48198. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$19,680/yr

At $1,640/mo median

Location

CityYpsilanti

StateMI

CountyWashtenaw County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 6.0% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+6.0% YoY, +1.1% MoM), not inventory.

Demographics

Who lives here

ZIP 48198 (Ypsilanti, MI) is majority owner-occupied, has a median income below the national average, 34.9% of residents hold a bachelor's degree or higher.

Population

39,244

Median income

$63,326

Median age

33.8

Renters

42.5%

Age distribution

23.1%

29%

23.9%

13.8%

Under 1823.1%

18–3429%

35–5423.9%

55–6410.2%

65+13.8%

Gender

48.7%

51.3%

Male48.7%

Female51.3%

Race & ethnicity

48.1%

34%

White48.1%

Black34%

Hispanic8.1%

Asian2.1%

Other7.6%

Education (25+)

26.7%

31.1%

34.9%

No HS diploma7.3%

HS diploma26.7%

Some college31.1%

Bachelor's+34.9%

Housing tenure

57.5%

42.5%

Owner57.5%

Renter42.5%

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

2022 vs 2026

How ZIP 48198 in Ypsilanti, MI has changed in 5 years

Rent

$1,373 → $1,640

up 19.4%

Income

$55,774 → $63,326

up 13.5%

Population

40,248 → 39,244

down 2.5%

Renter share

41.5% → 42.5%

+1.0 pts

Bachelor's+

30.1% → 34.9%

+4.8 pts

Median age

34.4 → 33.8

-0.6 yrs

Across the past five years, the going rent in ZIP 48198 in Ypsilanti, MI has shifted from $1,373 to $1,640, up 19.4% since 2022. Local incomes tracked alongside that move, going from a median of $55,774 in 2021 to $63,326 more recently. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 48198 in Ypsilanti, MI losing about 1,004 residents over the five-year window, down 2.5% on net. Bachelor's-degree-or-higher attainment moved from 30.1% to 34.9% across the same window. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 48198 in Ypsilanti, MI market of 2022.

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About renting in ZIP 48198

Last updated: October 17, 2026

ZIP code 48198 covers Ypsilanti, MI. The median rent here is $1,640/mo as of October 2026. A 1-bedroom rents for a median of $1,120/mo. A 2-bedroom rents for a median of $1,340/mo.

At 31% of local median household income ($63,326/yr), ZIP 48198 ranks as moderate compared to the national benchmark of 30%. Rents have increased 6.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 48198?

To keep rent at or below 30% of gross income, you would need to earn at least $66,000/year (about $32/hour full-time) to afford the median rent of $1,640/mo in ZIP 48198. The local median household income is $63,326/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 48198?

Rent in ZIP 48198 has risen 6.0% over the past year as of September 2026. That is the highest level since Zillow's records here began in September 2021.

When is the cheapest time to rent in ZIP 48198?

Asking rents in ZIP 48198 are usually lowest in March, about 2% below their yearly trend, and highest in September, about 1.6% above it. At today's median that is a gap of roughly $59 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 48198 compare to other ZIPs in Michigan?

ZIP 48198 is in the middle among Michigan ZIP codes for rent, ranking #57 of 168 at $1,640/mo. Over the year to September 2026, rent in ZIP 48198 changed +6.0%, against a typical +4.4% across the 134 Michigan ZIP codes Zillow tracks.