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ZIP Code · MI

ZIP 48315

Pop. 28,472·Macomb County·12th most expensive ZIP in Michigan
Median rent (all units)
$2,076/mo
Year-over-Year
Stable
Month-over-Month
-2.4%
vs US Median
+$111
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 48315 · $2,076
More expensive than 64% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$990
1 BR
$1,110
2 BR
$1,390
3 BR
$1,700
4 BR+
$1,840
Research median
$1,390/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
$24,912/yr
At $2,076/mo median
Location
StateMI
CountyMacomb County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 0.0% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+0.0% YoY, -2.4% MoM), not inventory.
Demographics

Who lives here

ZIP 48315 (Shelby Township, MI) is majority owner-occupied, has a large retiree population, has a median income above the national average, 34.9% of residents hold a bachelor's degree or higher.

Population
28,472
Median income
$100,684
Median age
48.3
Renters
15.1%
Age distribution
19.4%
15.8%
24%
15.5%
25.3%
Under 1819.4%
18–3415.8%
35–5424%
55–6415.5%
65+25.3%
Gender
48.5%
51.5%
Male48.5%
Female51.5%
Race & ethnicity
85.9%
White85.9%
Black3.4%
Hispanic3.8%
Asian3.8%
Other3.1%
Education (25+)
25.1%
32.4%
34.9%
No HS diploma7.6%
HS diploma25.1%
Some college32.4%
Bachelor's+34.9%
Housing tenure
84.9%
15.1%
Owner84.9%
Renter15.1%

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

2021 vs 2026

How ZIP 48315 in Shelby Township, MI has changed in 5 years

Income
$97,201 → $100,684
up 3.6%
Population
27,799 → 28,472
up 2.4%
Renter share
12% → 15.1%
+3.1 pts
Bachelor's+
32.5% → 34.9%
+2.4 pts
Median age
49 → 48.3
-0.7 yrs

Local incomes tracked alongside that move, going from a median of $97,201 in 2021 to $100,684 more recently. The population has grown by 2.4% since 2021, moving from about 27,799 residents to roughly 28,472. Renters now make up 15.1% of households, compared with 12% five years ago. College-educated residents now make up 34.9% of adults here, versus 32.5% in 2021.

Community

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Local insights

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About renting in ZIP 48315

Last updated: July 20, 2026

ZIP code 48315 covers Shelby Township, MI. The median rent here is $2,076/mo as of July 2026. A 1-bedroom rents for a median of $1,110/mo. A 2-bedroom rents for a median of $1,390/mo.

At 25% of local median household income ($100,684/yr), ZIP 48315 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 48315?

As of July 20, 2026, the median monthly rent in ZIP 48315 (Shelby Township, MI) is $2,076. This is based on aggregated data from public sources and community submissions.

How does ZIP 48315 rent compare to the US average?

ZIP 48315's median rent of $2,076/mo is $111 (6%) above the US national median of $1,965/mo.

How does ZIP 48315 compare to other ZIPs in Michigan?

ZIP 48315 is one of the pricier ZIP codes in Michigan, ranking #12 out of 165 ZIPs tracked at $2,076/mo.

How much income do you need to rent in ZIP 48315?

To keep rent at or below 30% of gross income, you would need to earn at least $83,000/year (~$40/hour full-time) to afford the median rent of $2,076/mo in ZIP 48315. The local median household income is $100,684/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 48315?

Rent in ZIP 48315 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 48315 an affordable place to rent?

ZIP 48315 is considered affordable for renters. At $2,076/mo, rent takes approximately 25% of the local median household income ($100,684/yr). The standard benchmark is 30%. ZIP 48315 falls comfortably within that range.

What percentage of ZIP 48315 residents rent vs. own?

According to Census data, approximately 15.1% of ZIP 48315 households are renters, while 84.9% are owner-occupied. ZIP 48315 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 48315 compare to the rest of Shelby Township?

ZIP 48315 is pricier than Shelby Township as a whole. At $2,076/mo, it's $431 above the Shelby Township citywide median of $1,645/mo.

When was rent data for ZIP 48315 last updated?

Rent data for ZIP 48315 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
25%
AFFORDABLE

At $2,076/mo, rent takes ~25% of ZIP 48315's median household income ($100,684/yr). The standard benchmark is 30%.

ZIP 48315 25%Benchmark 30%
State income tax4.25%
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Schools nearby

Public schools near ZIP 48315 (Shelby Township, MI)

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