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ZIP Code · MI

ZIP 48234

Part of Detroit, MI
Pop. 32,760·Wayne County·133rd most expensive ZIP in Michigan
Median rent (all units)
$1,217/mo
Year-over-Year
-0.7%
Month-over-Month
+2.7%
vs US Median
-$748
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 48234 · $1,217
More affordable than 91% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$840
1 BR
$930
2 BR
$1,170
3 BR
$1,430
4 BR+
$1,550
Research median
$1,170/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
$14,604/yr
At $1,217/mo median
Location
StateMI
CountyWayne County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.7% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (-0.7% YoY, +2.7% MoM), not inventory.
Demographics

Who lives here

ZIP 48234 (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, 9.8% of residents hold a bachelor's degree or higher.

Population
32,760
Median income
$35,322
Median age
32.9
Renters
47%
Age distribution
27.1%
25.1%
20.5%
15.5%
Under 1827.1%
18–3425.1%
35–5420.5%
55–6411.7%
65+15.5%
Gender
44.5%
55.5%
Male44.5%
Female55.5%
Race & ethnicity
92.2%
White3.9%
Black92.2%
Hispanic0.7%
Other2.9%
Education (25+)
16.9%
41.9%
31.4%
No HS diploma16.9%
HS diploma41.9%
Some college31.4%
Bachelor's+9.8%
Housing tenure
53%
47%
Owner53%
Renter47%

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

2021 vs 2026

How ZIP 48234 in Detroit, MI has changed in 5 years

Income
$33,583 → $35,322
up 5.2%
Population
33,555 → 32,760
down 2.4%
Renter share
47.6% → 47%
-0.6 pts
Bachelor's+
10.2% → 9.8%
-0.4 pts
Median age
34 → 32.9
-1.1 yrs

Household income in the area moved from $33,583 to $35,322 across the same window, up 5.2% versus 2021. Headcount in the area went from 33,555 to 32,760 between 2021 and 2024, a 2.4% change.

Community

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Local insights

Tips for renters in ZIP 48234

About renting in ZIP 48234

Last updated: July 20, 2026

ZIP code 48234 covers Detroit, MI. The median rent here is $1,217/mo as of July 2026. A 1-bedroom rents for a median of $930/mo. A 2-bedroom rents for a median of $1,170/mo.

At 41% of local median household income ($35,322/yr), ZIP 48234 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 0.7% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 48234?

As of July 20, 2026, the median monthly rent in ZIP 48234 (Detroit, MI) is $1,217. This is based on aggregated data from public sources and community submissions.

How does ZIP 48234 rent compare to the US average?

ZIP 48234's median rent of $1,217/mo is $748 (38%) below the US national median of $1,965/mo.

How does ZIP 48234 compare to other ZIPs in Michigan?

ZIP 48234 is among the more affordable ZIP codes in Michigan, ranking #133 out of 165 ZIPs at $1,217/mo.

How much income do you need to rent in ZIP 48234?

To keep rent at or below 30% of gross income, you would need to earn at least $49,000/year (~$24/hour full-time) to afford the median rent of $1,217/mo in ZIP 48234. The local median household income is $35,322/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 48234?

Rent in ZIP 48234 has decreased 0.7% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 48234 an affordable place to rent?

ZIP 48234 is considered stretched for renters. At $1,217/mo, rent takes approximately 41% of the local median household income ($35,322/yr). The standard benchmark is 30%. ZIP 48234 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 48234 residents rent vs. own?

According to Census data, approximately 47% of ZIP 48234 households are renters, while 53% are owner-occupied. ZIP 48234 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 48234 compare to the rest of Detroit?

ZIP 48234 is more affordable than Detroit overall. At $1,217/mo, it's $139 below the Detroit citywide median of $1,356/mo.

When was rent data for ZIP 48234 last updated?

Rent data for ZIP 48234 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
41%
STRETCHED

At $1,217/mo, rent takes ~41% of ZIP 48234's median household income ($35,322/yr). The standard benchmark is 30%.

ZIP 48234 41%Benchmark 30%
State income tax4.25%
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Schools nearby

Public schools near ZIP 48234 (Detroit, MI)

Recent submissions

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