ZIP Code · MI

ZIP 48209

Part of Detroit, MI
Pop. 27,184·Wayne County·164th most expensive ZIP in Michigan
Median rent (all units)
$938/mo
Year-over-Year
Stable
Month-over-Month
-6.6%
vs US Median
-$1,027
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 48209 · $938
More affordable than 99% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$750
1 BR
$830
2 BR
$1,060
3 BR
$1,300
4 BR+
$1,400
Research median
$1,060/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
$11,256/yr
At $938/mo median
Location
StateMI
CountyWayne County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -6.6% MoM), not inventory.
Demographics

Who lives here

ZIP 48209 (Detroit, MI) is majority owner-occupied, has a large share of families with children, has a median income below the national average, 8.5% of residents hold a bachelor's degree or higher.

Population
27,184
Median income
$43,161
Median age
31.9
Renters
38.8%
Age distribution
30.5%
24.1%
26.8%
Under 1830.5%
18–3424.1%
35–5426.8%
55–6410.1%
65+8.5%
Gender
52.4%
47.6%
Male52.4%
Female47.6%
Race & ethnicity
21.5%
76.2%
White21.5%
Black5%
Hispanic76.2%
Education (25+)
40.4%
33.4%
17.6%
No HS diploma40.4%
HS diploma33.4%
Some college17.6%
Bachelor's+8.5%
Housing tenure
61.2%
38.8%
Owner61.2%
Renter38.8%

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

2021 vs 2026

How ZIP 48209 in Detroit, MI has changed in 5 years

Income
$34,104 → $43,161
up 26.6%
Population
28,480 → 27,184
down 4.6%
Renter share
48.9% → 38.8%
-10.1 pts
Bachelor's+
8.1% → 8.5%
+0.4 pts
Median age
28.6 → 31.9
+3.3 yrs

Census figures show median household income at $43,161 today, compared with $34,104 five years earlier. The population has contracted by 4.6% since 2021, moving from about 28,480 residents to roughly 27,184. Renters now make up 38.8% of households, compared with 48.9% five years ago.

Community

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Local insights

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About renting in ZIP 48209

Last updated: July 20, 2026

ZIP code 48209 covers Detroit, MI. The median rent here is $938/mo as of July 2026. A 1-bedroom rents for a median of $830/mo. A 2-bedroom rents for a median of $1,060/mo.

At 26% of local median household income ($43,161/yr), ZIP 48209 ranks as affordable 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 48209?

As of July 20, 2026, the median monthly rent in ZIP 48209 (Detroit, MI) is $938. This is based on aggregated data from public sources and community submissions.

How does ZIP 48209 rent compare to the US average?

ZIP 48209's median rent of $938/mo is $1,027 (52%) below the US national median of $1,965/mo.

How does ZIP 48209 compare to other ZIPs in Michigan?

ZIP 48209 is among the more affordable ZIP codes in Michigan, ranking #164 out of 165 ZIPs at $938/mo.

How much income do you need to rent in ZIP 48209?

To keep rent at or below 30% of gross income, you would need to earn at least $38,000/year (~$18/hour full-time) to afford the median rent of $938/mo in ZIP 48209. The local median household income is $43,161/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 48209?

Rent in ZIP 48209 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 48209 an affordable place to rent?

ZIP 48209 is considered affordable for renters. At $938/mo, rent takes approximately 26% of the local median household income ($43,161/yr). The standard benchmark is 30%. ZIP 48209 falls comfortably within that range.

What percentage of ZIP 48209 residents rent vs. own?

According to Census data, approximately 38.8% of ZIP 48209 households are renters, while 61.2% are owner-occupied. ZIP 48209 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 48209 compare to the rest of Detroit?

ZIP 48209 is more affordable than Detroit overall. At $938/mo, it's $418 below the Detroit citywide median of $1,356/mo.

When was rent data for ZIP 48209 last updated?

Rent data for ZIP 48209 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
26%
AFFORDABLE

At $938/mo, rent takes ~26% of ZIP 48209's median household income ($43,161/yr). The standard benchmark is 30%.

ZIP 48209 26%Benchmark 30%
State income tax4.25%
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Schools nearby

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