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ZIP Code · MI

ZIP 48204

Part of Detroit, MI
Pop. 20,696·Wayne County·140th most expensive ZIP in Michigan
Median rent (all units)
$1,202/mo
Year-over-Year
Stable
Month-over-Month
+8.4%
vs US Median
-$763
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 48204 · $1,202
More affordable than 92% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$860
1 BR
$950
2 BR
$1,200
3 BR
$1,470
4 BR+
$1,590
Research median
$1,200/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
$14,424/yr
At $1,202/mo median
Location
StateMI
CountyWayne County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +8.4% MoM), not inventory.
Demographics

Who lives here

ZIP 48204 (Detroit, MI) is roughly split between renters and owners, has a median income below the national average, 11% of residents hold a bachelor's degree or higher.

Population
20,696
Median income
$34,468
Median age
41.5
Renters
45%
Age distribution
22.1%
21.1%
25.5%
13.1%
18.1%
Under 1822.1%
18–3421.1%
35–5425.5%
55–6413.1%
65+18.1%
Gender
47.1%
52.9%
Male47.1%
Female52.9%
Race & ethnicity
84.6%
White3.4%
Black84.6%
Hispanic8.2%
Other3.8%
Education (25+)
15.9%
36.1%
37%
No HS diploma15.9%
HS diploma36.1%
Some college37%
Bachelor's+11%
Housing tenure
55%
45%
Owner55%
Renter45%

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

2021 vs 2026

How ZIP 48204 in Detroit, MI has changed in 5 years

Income
$27,609 → $34,468
up 24.8%
Population
22,218 → 20,696
down 6.9%
Renter share
47.5% → 45%
-2.5 pts
Bachelor's+
9.7% → 11%
+1.3 pts
Median age
40.3 → 41.5
+1.2 yrs

Household income in the area moved from $27,609 to $34,468 across the same window, up 24.8% versus 2021. Census counts show ZIP 48204 in Detroit, MI losing about 1,522 residents over the five-year window, down 6.9% on net. The renter share has eased from 47.5% to 45%, with owner-occupied housing accounting for the remainder.

Community

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Local insights

Tips for renters in ZIP 48204

About renting in ZIP 48204

Last updated: July 20, 2026

ZIP code 48204 covers Detroit, MI. The median rent here is $1,202/mo as of July 2026. A 1-bedroom rents for a median of $950/mo. A 2-bedroom rents for a median of $1,200/mo.

At 42% of local median household income ($34,468/yr), ZIP 48204 ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 48204?

As of July 20, 2026, the median monthly rent in ZIP 48204 (Detroit, MI) is $1,202. This is based on aggregated data from public sources and community submissions.

How does ZIP 48204 rent compare to the US average?

ZIP 48204's median rent of $1,202/mo is $763 (39%) below the US national median of $1,965/mo.

How does ZIP 48204 compare to other ZIPs in Michigan?

ZIP 48204 is among the more affordable ZIP codes in Michigan, ranking #140 out of 165 ZIPs at $1,202/mo.

How much income do you need to rent in ZIP 48204?

To keep rent at or below 30% of gross income, you would need to earn at least $48,000/year (~$23/hour full-time) to afford the median rent of $1,202/mo in ZIP 48204. The local median household income is $34,468/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 48204?

Rent in ZIP 48204 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 48204 an affordable place to rent?

ZIP 48204 is considered stretched for renters. At $1,202/mo, rent takes approximately 42% of the local median household income ($34,468/yr). The standard benchmark is 30%. ZIP 48204 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 48204 residents rent vs. own?

According to Census data, approximately 45% of ZIP 48204 households are renters, while 55% are owner-occupied. ZIP 48204 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 48204 compare to the rest of Detroit?

ZIP 48204 is more affordable than Detroit overall. At $1,202/mo, it's $154 below the Detroit citywide median of $1,356/mo.

When was rent data for ZIP 48204 last updated?

Rent data for ZIP 48204 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
42%
STRETCHED

At $1,202/mo, rent takes ~42% of ZIP 48204's median household income ($34,468/yr). The standard benchmark is 30%.

ZIP 48204 42%Benchmark 30%
State income tax4.25%
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Schools nearby

Public schools near ZIP 48204 (Detroit, MI)

Recent submissions

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