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ZIP Code · MI

ZIP 48216

Part of Detroit, MI
Pop. 5,865·Wayne County·20th most expensive ZIP in Michigan
Median rent (all units)
$1,941/mo
Year-over-Year
+11.0%
Month-over-Month
+15.2%
vs US Median
-$24
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 48216 · $1,941
More expensive than 57% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$810
1 BR
$900
2 BR
$1,130
3 BR
$1,380
4 BR+
$1,500
Research median
$1,130/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
$23,292/yr
At $1,941/mo median
Location
StateMI
CountyWayne County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 11.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+11.0% YoY, +15.2% MoM), not inventory.
Demographics

Who lives here

ZIP 48216 (Detroit, MI) is majority renter-occupied, has a median income below the national average, 40.1% of residents hold a bachelor's degree or higher.

Population
5,865
Median income
$44,335
Median age
33.5
Renters
64.6%
Age distribution
24.8%
28.6%
25.9%
12.2%
Under 1824.8%
18–3428.6%
35–5425.9%
55–648.5%
65+12.2%
Gender
49.6%
50.4%
Male49.6%
Female50.4%
Race & ethnicity
38.2%
31.5%
23.7%
White38.2%
Black31.5%
Hispanic23.7%
Asian1.8%
Other4.8%
Education (25+)
20.1%
27.8%
40.1%
No HS diploma12%
HS diploma20.1%
Some college27.8%
Bachelor's+40.1%
Housing tenure
35.4%
64.6%
Owner35.4%
Renter64.6%

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

2021 vs 2026

How ZIP 48216 in Detroit, MI has changed in 5 years

Income
$38,844 → $44,335
up 14.1%
Population
5,497 → 5,865
up 6.7%
Renter share
64.4% → 64.6%
+0.2 pts
Bachelor's+
25.8% → 40.1%
+14.3 pts
Median age
35.5 → 33.5
-2.0 yrs

Local incomes tracked alongside that move, going from a median of $38,844 in 2021 to $44,335 more recently. The population has grown by 6.7% since 2021, moving from about 5,497 residents to roughly 5,865. College-educated residents now make up 40.1% of adults here, versus 25.8% in 2021.

Community

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Local insights

Tips for renters in ZIP 48216

About renting in ZIP 48216

Last updated: July 20, 2026

ZIP code 48216 covers Detroit, MI. The median rent here is $1,941/mo as of July 2026. A 1-bedroom rents for a median of $900/mo. A 2-bedroom rents for a median of $1,130/mo.

At 53% of local median household income ($44,335/yr), ZIP 48216 ranks as expensive compared to the national benchmark of 30%. Rents have increased 11.0% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 48216?

As of July 20, 2026, the median monthly rent in ZIP 48216 (Detroit, MI) is $1,941. This is based on aggregated data from public sources and community submissions.

How does ZIP 48216 rent compare to the US average?

ZIP 48216's median rent of $1,941/mo is $24 (1%) below the US national median of $1,965/mo.

How does ZIP 48216 compare to other ZIPs in Michigan?

ZIP 48216 is one of the pricier ZIP codes in Michigan, ranking #20 out of 165 ZIPs tracked at $1,941/mo.

How much income do you need to rent in ZIP 48216?

To keep rent at or below 30% of gross income, you would need to earn at least $78,000/year (~$38/hour full-time) to afford the median rent of $1,941/mo in ZIP 48216. The local median household income is $44,335/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 48216?

Rent in ZIP 48216 has increased 11.0% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 48216 an affordable place to rent?

ZIP 48216 is considered expensive for renters. At $1,941/mo, rent takes approximately 53% of the local median household income ($44,335/yr). The standard benchmark is 30%. ZIP 48216 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 48216 residents rent vs. own?

According to Census data, approximately 64.6% of ZIP 48216 households are renters, while 35.4% are owner-occupied. With a majority renter population, ZIP 48216 has a strong rental market.

How does ZIP 48216 compare to the rest of Detroit?

ZIP 48216 is pricier than Detroit as a whole. At $1,941/mo, it's $585 above the Detroit citywide median of $1,356/mo.

When was rent data for ZIP 48216 last updated?

Rent data for ZIP 48216 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
53%
EXPENSIVE

At $1,941/mo, rent takes ~53% of ZIP 48216's median household income ($44,335/yr). The standard benchmark is 30%.

ZIP 48216 53%Benchmark 30%
State income tax4.25%
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Schools nearby

Public schools near ZIP 48216 (Detroit, MI)

Recent submissions

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