ZIP Code · MI

ZIP 48223

Part of Detroit, MI

Pop. 22,622·Wayne County·162nd most expensive ZIP in Michigan

Median rent (all units)

$1,023/mo

Year-over-Year

+15.7%

Month-over-Month

+3.8%

vs US Median

-$909

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 48223 · $1,023

More affordable than 97% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$880

1 BR

$980

2 BR

$1,230

3 BR

$1,500

4 BR+

$1,630

Research median

$1,230/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

Past year vs. the rest of Michigan

Rent in ZIP 48223 changed +15.7% over the year to September 2026. Across the 134 Michigan ZIP codes Zillow tracks, the typical change was +4.4%.

Recent direction

Rent has risen 3 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($44,512) is $1,113 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($980); a 2-bedroom is $1,230.

Rank in Detroit

1st cheapest of 18 ZIP codes in Detroit.

From Zillow's monthly rent index (ZORI) for ZIP 48223. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$12,276/yr

At $1,023/mo median

Location

CityDetroit

StateMI

CountyWayne County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 15.7% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+15.7% YoY, +3.8% MoM), not inventory.

Demographics

Who lives here

ZIP 48223 (Detroit, MI) is majority owner-occupied, has a large share of families with children, has a median income below the national average, 21% of residents hold a bachelor's degree or higher.

Population

22,622

Median income

$44,512

Median age

36.4

Renters

43.8%

Age distribution

25.3%

22.2%

26.3%

14.2%

Under 1825.3%

18–3422.2%

35–5426.3%

55–6412%

65+14.2%

Gender

43.8%

56.2%

Male43.8%

Female56.2%

Race & ethnicity

87.1%

White7.3%

Black87.1%

Hispanic2%

Other3.5%

Education (25+)

32.8%

36.4%

21%

No HS diploma9.8%

HS diploma32.8%

Some college36.4%

Bachelor's+21%

Housing tenure

56.2%

43.8%

Owner56.2%

Renter43.8%

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

2021 vs 2026

How ZIP 48223 in Detroit, MI has changed in 5 years

Income

$38,933 → $44,512

up 14.3%

Population

25,037 → 22,622

down 9.6%

Renter share

45.5% → 43.8%

-1.7 pts

Bachelor's+

18.9% → 21%

+2.1 pts

Median age

34.9 → 36.4

+1.5 yrs

Median household income rose from $38,933 to $44,512 between 2021 and 2024, a 14.3% shift. The population has contracted by 9.6% since 2021, moving from about 25,037 residents to roughly 22,622. Renters now make up 43.8% of households, compared with 45.5% five years ago. College-educated residents now make up 21% of adults here, versus 18.9% in 2021.

Community

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Local insights

Tips for renters in ZIP 48223

About renting in ZIP 48223

Last updated: October 17, 2026

ZIP code 48223 covers Detroit, MI. The median rent here is $1,023/mo as of October 2026. A 1-bedroom rents for a median of $980/mo. A 2-bedroom rents for a median of $1,230/mo.

At 28% of local median household income ($44,512/yr), ZIP 48223 ranks as affordable compared to the national benchmark of 30%. Rents have increased 15.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 48223?

To keep rent at or below 30% of gross income, you would need to earn at least $41,000/year (about $20/hour full-time) to afford the median rent of $1,023/mo in ZIP 48223. The local median household income is $44,512/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 48223?

Rent in ZIP 48223 has risen 15.7% over the past year.

How does ZIP 48223 compare to other ZIPs in Michigan?

ZIP 48223 is one of the more affordable among Michigan ZIP codes for rent, ranking #162 of 168 at $1,023/mo. Over the year to September 2026, rent in ZIP 48223 changed +15.7%, against a typical +4.4% across the 134 Michigan ZIP codes Zillow tracks.