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ZIP Code · MI

ZIP 48202

Part of Detroit, MI
Pop. 15,780·Wayne County·105th most expensive ZIP in Michigan
Median rent (all units)
$1,335/mo
Year-over-Year
-5.1%
Month-over-Month
-9.4%
vs US Median
-$630
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 48202 · $1,335
More affordable than 85% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$920
1 BR
$1,030
2 BR
$1,290
3 BR
$1,580
4 BR+
$1,710
Research median
$1,290/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
$16,020/yr
At $1,335/mo median
Location
StateMI
CountyWayne County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 5.1% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-5.1% YoY, -9.4% MoM), not inventory.
Demographics

Who lives here

ZIP 48202 (Detroit, MI) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 39.7% of residents hold a bachelor's degree or higher.

Population
15,780
Median income
$43,627
Median age
32.4
Renters
69.1%
Age distribution
43%
19.9%
14.3%
Under 1811.2%
18–3443%
35–5419.9%
55–6411.6%
65+14.3%
Gender
46.3%
53.7%
Male46.3%
Female53.7%
Race & ethnicity
29.4%
57%
White29.4%
Black57%
Hispanic3.3%
Asian6.4%
Other3.9%
Education (25+)
19.6%
31.6%
39.7%
No HS diploma9.1%
HS diploma19.6%
Some college31.6%
Bachelor's+39.7%
Housing tenure
30.9%
69.1%
Owner30.9%
Renter69.1%

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

2021 vs 2026

How ZIP 48202 in Detroit, MI has changed in 5 years

Income
$31,269 → $43,627
up 39.5%
Population
15,029 → 15,780
up 5.0%
Renter share
70.9% → 69.1%
-1.8 pts
Bachelor's+
32.9% → 39.7%
+6.8 pts
Median age
34.8 → 32.4
-2.4 yrs

On the earnings side, the typical household in ZIP 48202 in Detroit, MI now reports about $43,627, up from $31,269 in 2021. Census counts show ZIP 48202 in Detroit, MI adding about 751 residents over the five-year window, up 5.0% on net. The renter share has eased from 70.9% to 69.1%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 32.9% to 39.7% across the same window.

Community

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Local insights

Tips for renters in ZIP 48202

About renting in ZIP 48202

Last updated: July 20, 2026

ZIP code 48202 covers Detroit, MI. The median rent here is $1,335/mo as of July 2026. A 1-bedroom rents for a median of $1,030/mo. A 2-bedroom rents for a median of $1,290/mo.

At 37% of local median household income ($43,627/yr), ZIP 48202 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 5.1% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 48202?

As of July 20, 2026, the median monthly rent in ZIP 48202 (Detroit, MI) is $1,335. This is based on aggregated data from public sources and community submissions.

How does ZIP 48202 rent compare to the US average?

ZIP 48202's median rent of $1,335/mo is $630 (32%) below the US national median of $1,965/mo.

How does ZIP 48202 compare to other ZIPs in Michigan?

ZIP 48202 falls in the middle range for Michigan, ranking #105 out of 165 ZIPs at $1,335/mo.

How much income do you need to rent in ZIP 48202?

To keep rent at or below 30% of gross income, you would need to earn at least $53,000/year (~$25/hour full-time) to afford the median rent of $1,335/mo in ZIP 48202. The local median household income is $43,627/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 48202?

Rent in ZIP 48202 has decreased 5.1% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 48202 an affordable place to rent?

ZIP 48202 is considered moderate for renters. At $1,335/mo, rent takes approximately 37% of the local median household income ($43,627/yr). The standard benchmark is 30%. ZIP 48202 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 48202 residents rent vs. own?

According to Census data, approximately 69.1% of ZIP 48202 households are renters, while 30.9% are owner-occupied. With a majority renter population, ZIP 48202 has a strong rental market.

How does ZIP 48202 compare to the rest of Detroit?

ZIP 48202 is more affordable than Detroit overall. At $1,335/mo, it's $21 below the Detroit citywide median of $1,356/mo.

When was rent data for ZIP 48202 last updated?

Rent data for ZIP 48202 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
37%
MODERATE

At $1,335/mo, rent takes ~37% of ZIP 48202's median household income ($43,627/yr). The standard benchmark is 30%.

ZIP 48202 37%Benchmark 30%
State income tax4.25%
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Schools nearby

Public schools near ZIP 48202 (Detroit, MI)

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