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ZIP Code · MI

ZIP 48201

Part of Detroit, MI
Pop. 15,091·Wayne County·75th most expensive ZIP in Michigan
Median rent (all units)
$1,495/mo
Year-over-Year
+1.6%
Month-over-Month
-5.0%
vs US Median
-$470
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 48201 · $1,495
More affordable than 74% of US ZIP codes · National median $1,965/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: July 20, 2026

Annual cost
$17,940/yr
At $1,495/mo median
Location
StateMI
CountyWayne County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 1.6% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+1.6% YoY, -5.0% 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

2021 vs 2026

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

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

Census figures show median household income at $24,749 today, compared with $21,180 five years earlier. 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.

Community

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Local insights

Tips for renters in ZIP 48201

About renting in ZIP 48201

Last updated: July 20, 2026

ZIP code 48201 covers Detroit, MI. The median rent here is $1,495/mo as of July 2026. A 1-bedroom rents for a median of $990/mo. A 2-bedroom rents for a median of $1,250/mo.

At 72% of local median household income ($24,749/yr), ZIP 48201 ranks as expensive compared to the national benchmark of 30%. Rents have increased 1.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 48201?

As of July 20, 2026, the median monthly rent in ZIP 48201 (Detroit, MI) is $1,495. This is based on aggregated data from public sources and community submissions.

How does ZIP 48201 rent compare to the US average?

ZIP 48201's median rent of $1,495/mo is $470 (24%) below the US national median of $1,965/mo.

How does ZIP 48201 compare to other ZIPs in Michigan?

ZIP 48201 falls in the middle range for Michigan, ranking #75 out of 165 ZIPs at $1,495/mo.

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 $60,000/year (~$29/hour full-time) to afford the median rent of $1,495/mo in ZIP 48201. The local median household income is $24,749/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 48201?

Rent in ZIP 48201 has increased 1.6% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 48201 an affordable place to rent?

ZIP 48201 is considered expensive for renters. At $1,495/mo, rent takes approximately 72% of the local median household income ($24,749/yr). The standard benchmark is 30%. ZIP 48201 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 48201 residents rent vs. own?

According to Census data, approximately 89% of ZIP 48201 households are renters, while 11% are owner-occupied. With a majority renter population, ZIP 48201 has a strong rental market.

How does ZIP 48201 compare to the rest of Detroit?

ZIP 48201 is pricier than Detroit as a whole. At $1,495/mo, it's $139 above the Detroit citywide median of $1,356/mo.

When was rent data for ZIP 48201 last updated?

Rent data for ZIP 48201 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
72%
EXPENSIVE

At $1,495/mo, rent takes ~72% of ZIP 48201's median household income ($24,749/yr). The standard benchmark is 30%.

ZIP 48201 72%Benchmark 30%
State income tax4.25%
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Schools nearby

Public schools near ZIP 48201 (Detroit, MI)

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