ZIP Code · MI

ZIP 48201

Part of Detroit, MI
Pop. 15,091·Wayne County·67th most expensive ZIP in Michigan
Median rent (all units)
$1,568/mo
Year-over-Year
+2.6%
Month-over-Month
+0.8%
vs US Median
-$364
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 48201 · $1,568
More affordable than 68% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$890
1 BR
$990
2 BR
$1,250
3 BR
$1,530
4 BR+
$1,660
Research median
$1,250/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

Compared with the peak

Rent in ZIP 48201 is at its highest level since Zillow's records here began in February 2022.

Past year vs. the rest of Michigan

Rent in ZIP 48201 changed +2.6% 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 3 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($24,749) is $619 a month. That is less than HUD's Fair Market Rent for a studio ($890).

Rank in Detroit

16th cheapest of 18 ZIP codes in Detroit.

Cheaper nearby

ZIP 48208, 2 miles away, rents for 17% less ($1,306/mo), about $3,100 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 48201. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$18,816/yr
At $1,568/mo median
Location
StateMI
CountyWayne County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.6% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.6% YoY, +0.8% MoM), not inventory.
Demographics

Who lives here

ZIP 48201 (Detroit, MI) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 39.9% of residents hold a bachelor's degree or higher.

Population
15,091
Median income
$24,749
Median age
32.4
Renters
89%
Age distribution
15.2%
39.6%
16.8%
12.7%
15.7%
Under 1815.2%
18–3439.6%
35–5416.8%
55–6412.7%
65+15.7%
Gender
51.6%
48.4%
Male51.6%
Female48.4%
Race & ethnicity
25.8%
58.8%
White25.8%
Black58.8%
Hispanic4.6%
Asian8.3%
Other2.5%
Education (25+)
24.6%
24.7%
39.9%
No HS diploma10.7%
HS diploma24.6%
Some college24.7%
Bachelor's+39.9%
Housing tenure
89%
Owner11%
Renter89%

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

2022 vs 2026

How ZIP 48201 in Detroit, MI has changed in 5 years

Rent
$1,468 → $1,568
up 6.8%
Income
$21,180 → $24,749
up 16.9%
Population
14,930 → 15,091
up 1.1%
Renter share
89.1% → 89%
-0.1 pts
Bachelor's+
34.5% → 39.9%
+5.4 pts
Median age
31.8 → 32.4
+0.6 yrs

Five years ago, renters in ZIP 48201 in Detroit, MI paid around $1,468 a month. That figure now sits near $1,568, up 6.8% from the 2022 baseline. Census figures show median household income at $24,749 today, compared with $21,180 five years earlier. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show ZIP 48201 in Detroit, MI adding about 161 residents over the five-year window, up 1.1% on net. Bachelor's-degree-or-higher attainment moved from 34.5% to 39.9% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2022.

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Local insights

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About renting in ZIP 48201

Last updated: October 17, 2026

ZIP code 48201 covers Detroit, MI. The median rent here is $1,568/mo as of October 2026. A 1-bedroom rents for a median of $990/mo. A 2-bedroom rents for a median of $1,250/mo.

At 76% of local median household income ($24,749/yr), ZIP 48201 ranks as expensive compared to the national benchmark of 30%. Rents have increased 2.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 48201?

To keep rent at or below 30% of gross income, you would need to earn at least $63,000/year (about $30/hour full-time) to afford the median rent of $1,568/mo in ZIP 48201. The local median household income is $24,749/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 48201?

Rent in ZIP 48201 has risen 2.6% 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 48201 compare to other ZIPs in Michigan?

ZIP 48201 is in the middle among Michigan ZIP codes for rent, ranking #67 of 168 at $1,568/mo. Over the year to September 2026, rent in ZIP 48201 changed +2.6%, against a typical +4.4% across the 134 Michigan ZIP codes Zillow tracks.

How does ZIP 48201 compare to the rest of Detroit?

At $1,568/mo, ZIP 48201 is $240 above the Detroit citywide median of $1,328/mo. It is the 16th cheapest of 18 ZIP codes in Detroit.
Income Affordability
76%
EXPENSIVE

At $1,568/mo, rent takes ~76% of ZIP 48201's median household income ($24,749/yr). The standard benchmark is 30%.

ZIP 48201 76%Benchmark 30%
State income tax4.25%
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Schools nearby

Public schools near ZIP 48201 (Detroit, MI)

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