ZIP Code · MI

ZIP 48204

Part of Detroit, MI

Pop. 20,696·Wayne County·153rd most expensive ZIP in Michigan

Median rent (all units)

$1,128/mo

Year-over-Year

Stable

Month-over-Month

+3.2%

vs US Median

-$804

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 48204 · $1,128

More affordable than 94% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

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: October 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($34,468) is $862 a month. That covers HUD's Fair Market Rent for up to a studio ($860); a 1-bedroom is $950.

Rank in Detroit

3rd cheapest of 18 ZIP codes in Detroit.

Cheaper nearby

ZIP 48209, 4 miles away, rents for 17% less ($934/mo), about $2,300 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 48204. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$13,536/yr

At $1,128/mo median

Location

CityDetroit

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, +3.2% 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

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About renting in ZIP 48204

Last updated: October 17, 2026

ZIP code 48204 covers Detroit, MI. The median rent here is $1,128/mo as of October 2026. A 1-bedroom rents for a median of $950/mo. A 2-bedroom rents for a median of $1,200/mo.

At 39% 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 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 $45,000/year (about $22/hour full-time) to afford the median rent of $1,128/mo in ZIP 48204. The local median household income is $34,468/yr, so the typical household falls short of that bar.