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ZIP Code · MI

ZIP 48223

Part of Detroit, MI
Pop. 22,622·Wayne County·145th most expensive ZIP in Michigan
Median rent (all units)
$1,174/mo
Year-over-Year
Stable
Month-over-Month
+3.4%
vs US Median
-$791
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 48223 · $1,174
More affordable than 93% of US ZIP codes · National median $1,965/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: July 20, 2026

Annual cost
$14,088/yr
At $1,174/mo median
Location
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, +3.4% 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: July 20, 2026

ZIP code 48223 covers Detroit, MI. The median rent here is $1,174/mo as of July 2026. A 1-bedroom rents for a median of $980/mo. A 2-bedroom rents for a median of $1,230/mo.

At 32% of local median household income ($44,512/yr), ZIP 48223 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 is rent in ZIP code 48223?

As of July 20, 2026, the median monthly rent in ZIP 48223 (Detroit, MI) is $1,174. This is based on aggregated data from public sources and community submissions.

How does ZIP 48223 rent compare to the US average?

ZIP 48223's median rent of $1,174/mo is $791 (40%) below the US national median of $1,965/mo.

How does ZIP 48223 compare to other ZIPs in Michigan?

ZIP 48223 is among the more affordable ZIP codes in Michigan, ranking #145 out of 165 ZIPs at $1,174/mo.

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 $47,000/year (~$23/hour full-time) to afford the median rent of $1,174/mo in ZIP 48223. The local median household income is $44,512/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 48223?

Rent in ZIP 48223 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 48223 an affordable place to rent?

ZIP 48223 is considered moderate for renters. At $1,174/mo, rent takes approximately 32% of the local median household income ($44,512/yr). The standard benchmark is 30%. ZIP 48223 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 48223 residents rent vs. own?

According to Census data, approximately 43.8% of ZIP 48223 households are renters, while 56.2% are owner-occupied. ZIP 48223 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 48223 compare to the rest of Detroit?

ZIP 48223 is more affordable than Detroit overall. At $1,174/mo, it's $182 below the Detroit citywide median of $1,356/mo.

When was rent data for ZIP 48223 last updated?

Rent data for ZIP 48223 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
32%
MODERATE

At $1,174/mo, rent takes ~32% of ZIP 48223's median household income ($44,512/yr). The standard benchmark is 30%.

ZIP 48223 32%Benchmark 30%
State income tax4.25%
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Schools nearby

Public schools near ZIP 48223 (Detroit, MI)

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