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ZIP Code · MI

ZIP 48317

Pop. 27,565·Macomb County·78th most expensive ZIP in Michigan
Median rent (all units)
$1,479/mo
Year-over-Year
+15.1%
Month-over-Month
+0.3%
vs US Median
-$486
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 48317 · $1,479
More affordable than 75% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,090
1 BR
$1,210
2 BR
$1,520
3 BR
$1,860
4 BR+
$2,010
Research median
$1,520/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
$17,748/yr
At $1,479/mo median
Location
StateMI
CountyMacomb County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 15.1% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+15.1% YoY, +0.3% MoM), not inventory.
Demographics

Who lives here

ZIP 48317 (Shelby Township, MI) is majority owner-occupied, 32.4% of residents hold a bachelor's degree or higher.

Population
27,565
Median income
$72,917
Median age
42.2
Renters
42.5%
Age distribution
19.8%
22%
26.8%
15.5%
15.8%
Under 1819.8%
18–3422%
35–5426.8%
55–6415.5%
65+15.8%
Gender
47.7%
52.3%
Male47.7%
Female52.3%
Race & ethnicity
77.7%
White77.7%
Black5.6%
Hispanic3.9%
Asian6.1%
Other6.8%
Education (25+)
25.6%
32.4%
32.4%
No HS diploma9.7%
HS diploma25.6%
Some college32.4%
Bachelor's+32.4%
Housing tenure
57.5%
42.5%
Owner57.5%
Renter42.5%

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

2021 vs 2026

How ZIP 48317 in Shelby Township, MI has changed in 5 years

Income
$67,122 → $72,917
up 8.6%
Population
28,416 → 27,565
down 3.0%
Renter share
41.9% → 42.5%
+0.6 pts
Bachelor's+
33% → 32.4%
-0.6 pts
Median age
37.7 → 42.2
+4.5 yrs

Median household income grew from $67,122 to $72,917 between 2021 and 2024, a 8.6% shift. Headcount in the area went from 28,416 to 27,565 between 2021 and 2024, a 3.0% change.

Community

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Local insights

Tips for renters in ZIP 48317

About renting in ZIP 48317

Last updated: July 20, 2026

ZIP code 48317 covers Shelby Township, MI. The median rent here is $1,479/mo as of July 2026. A 1-bedroom rents for a median of $1,210/mo. A 2-bedroom rents for a median of $1,520/mo.

At 24% of local median household income ($72,917/yr), ZIP 48317 ranks as affordable compared to the national benchmark of 30%. Rents have increased 15.1% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 48317?

As of July 20, 2026, the median monthly rent in ZIP 48317 (Shelby Township, MI) is $1,479. This is based on aggregated data from public sources and community submissions.

How does ZIP 48317 rent compare to the US average?

ZIP 48317's median rent of $1,479/mo is $486 (25%) below the US national median of $1,965/mo.

How does ZIP 48317 compare to other ZIPs in Michigan?

ZIP 48317 falls in the middle range for Michigan, ranking #78 out of 165 ZIPs at $1,479/mo.

How much income do you need to rent in ZIP 48317?

To keep rent at or below 30% of gross income, you would need to earn at least $59,000/year (~$28/hour full-time) to afford the median rent of $1,479/mo in ZIP 48317. The local median household income is $72,917/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 48317?

Rent in ZIP 48317 has increased 15.1% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 48317 an affordable place to rent?

ZIP 48317 is considered very affordable for renters. At $1,479/mo, rent takes approximately 24% of the local median household income ($72,917/yr). The standard benchmark is 30%. ZIP 48317 falls comfortably within that range.

What percentage of ZIP 48317 residents rent vs. own?

According to Census data, approximately 42.5% of ZIP 48317 households are renters, while 57.5% are owner-occupied. ZIP 48317 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 48317 compare to the rest of Shelby Township?

ZIP 48317 is more affordable than Shelby Township overall. At $1,479/mo, it's $166 below the Shelby Township citywide median of $1,645/mo.

When was rent data for ZIP 48317 last updated?

Rent data for ZIP 48317 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
24%
VERY AFFORDABLE

At $1,479/mo, rent takes ~24% of ZIP 48317's median household income ($72,917/yr). The standard benchmark is 30%.

ZIP 48317 24%Benchmark 30%
State income tax4.25%
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Schools nearby

Public schools near ZIP 48317 (Shelby Township, MI)

Recent submissions

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