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ZIP Code · MI

ZIP 48205

Part of Detroit, MI
Pop. 34,187·Wayne County·116th most expensive ZIP in Michigan
Median rent (all units)
$1,298/mo
Year-over-Year
+8.4%
Month-over-Month
-3.0%
vs US Median
-$664
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 48205 · $1,298
More affordable than 87% of US ZIP codes · National median $1,962/mo
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Medians by bedroom

Rent by unit size

Studio
$930
1 BR
$1,030
2 BR
$1,300
3 BR
$1,590
4 BR+
$1,720
Research median
$1,300/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: August 17, 2026

Annual cost
$15,576/yr
At $1,298/mo median
Location
StateMI
CountyWayne County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (8.4% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+8.4% YoY, -3.0% MoM), not inventory.
Demographics

Who lives here

ZIP 48205 (Detroit, MI) is roughly split between renters and owners, has a large share of families with children, has a median income below the national average, 9.6% of residents hold a bachelor's degree or higher.

Population
34,187
Median income
$38,966
Median age
32.8
Renters
49.4%
Age distribution
25.4%
28.5%
24.2%
Under 1825.4%
18–3428.5%
35–5424.2%
55–6410.7%
65+11.2%
Gender
49.8%
50.2%
Male49.8%
Female50.2%
Race & ethnicity
89.9%
White3.6%
Black89.9%
Hispanic2.9%
Asian0.9%
Other2.8%
Education (25+)
14.2%
44.2%
32%
No HS diploma14.2%
HS diploma44.2%
Some college32%
Bachelor's+9.6%
Housing tenure
50.6%
49.4%
Owner50.6%
Renter49.4%

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

2021 vs 2026

How ZIP 48205 in Detroit, MI has changed in 5 years

Income
$39,988 → $38,966
down 2.6%
Population
31,721 → 34,187
up 7.8%
Renter share
67.4% → 49.4%
-18.0 pts
Bachelor's+
6.5% → 9.6%
+3.1 pts
Median age
30.2 → 32.8
+2.6 yrs

On the earnings side, the typical household in ZIP 48205 in Detroit, MI now reports about $38,966, up from $39,988 in 2021. Headcount in the area went from 31,721 to 34,187 between 2021 and 2024, a 7.8% change. About 49.4% of households rent today, against 67.4% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 6.5% to 9.6%.

Community

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Local insights

Tips for renters in ZIP 48205

About renting in ZIP 48205

Last updated: August 17, 2026

ZIP code 48205 covers Detroit, MI. The median rent here is $1,298/mo as of August 2026. A 1-bedroom rents for a median of $1,030/mo. A 2-bedroom rents for a median of $1,300/mo.

At 40% of local median household income ($38,966/yr), ZIP 48205 ranks as moderate compared to the national benchmark of 30%. Rents have increased 8.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 48205?

As of August 17, 2026, the median monthly rent in ZIP 48205 (Detroit, MI) is $1,298. This is based on aggregated data from public sources and community submissions.

How does ZIP 48205 rent compare to the US average?

ZIP 48205's median rent of $1,298/mo is $664 (34%) below the US national median of $1,962/mo.

How does ZIP 48205 compare to other ZIPs in Michigan?

ZIP 48205 is among the more affordable ZIP codes in Michigan, ranking #116 out of 170 ZIPs at $1,298/mo.

How much income do you need to rent in ZIP 48205?

To keep rent at or below 30% of gross income, you would need to earn at least $52,000/year (~$25/hour full-time) to afford the median rent of $1,298/mo in ZIP 48205. The local median household income is $38,966/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 48205?

Rent in ZIP 48205 has increased 8.4% over the past year as of August 17, 2026, putting upward pressure on renter budgets.

Is ZIP 48205 an affordable place to rent?

ZIP 48205 is considered moderate for renters. At $1,298/mo, rent takes approximately 40% of the local median household income ($38,966/yr). The standard benchmark is 30%. ZIP 48205 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 48205 residents rent vs. own?

According to Census data, approximately 49.4% of ZIP 48205 households are renters, while 50.6% are owner-occupied. ZIP 48205 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 48205 compare to the rest of Detroit?

ZIP 48205 is more affordable than Detroit overall. At $1,298/mo, it's $49 below the Detroit citywide median of $1,347/mo.

When was rent data for ZIP 48205 last updated?

Rent data for ZIP 48205 reflects August 17, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
40%
MODERATE

At $1,298/mo, rent takes ~40% of ZIP 48205's median household income ($38,966/yr). The standard benchmark is 30%.

ZIP 48205 40%Benchmark 30%
State income tax4.25%
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Schools nearby

Public schools near ZIP 48205 (Detroit, MI)

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