ZIP Code · MI

ZIP 48324

Pop. 17,098·Oakland County·31st most expensive ZIP in Michigan
Median rent (all units)
$1,849/mo
Year-over-Year
+9.2%
Month-over-Month
+1.8%
vs US Median
-$83
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 48324 · $1,849
More expensive than 52% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,250
1 BR
$1,390
2 BR
$1,750
3 BR
$2,140
4 BR+
$2,320
Research median
$1,750/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 48324 changed +9.2% 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 2 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($142,100) is $3,553 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,320).

Cheaper nearby

ZIP 48342, 7 miles away, rents for 27% less ($1,359/mo), about $5,900 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 48324. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$22,188/yr
At $1,849/mo median
Location
StateMI
CountyOakland County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 9.2% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+9.2% YoY, +1.8% MoM), not inventory.
Demographics

Who lives here

ZIP 48324 (West Bloomfield, MI) is majority owner-occupied, has a median income above the national average, 56% of residents hold a bachelor's degree or higher.

Population
17,098
Median income
$142,100
Median age
47
Renters
9%
Age distribution
17.1%
19%
23%
21.4%
19.4%
Under 1817.1%
18–3419%
35–5423%
55–6421.4%
65+19.4%
Gender
52.3%
47.7%
Male52.3%
Female47.7%
Race & ethnicity
75.6%
White75.6%
Black7.7%
Hispanic3.7%
Asian7.3%
Other5.7%
Education (25+)
14.6%
25%
56%
No HS diploma4.4%
HS diploma14.6%
Some college25%
Bachelor's+56%
Housing tenure
91%
Owner91%
Renter9%

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

2021 vs 2026

How ZIP 48324 in West Bloomfield, MI has changed in 5 years

Income
$131,002 → $142,100
up 8.5%
Population
17,929 → 17,098
down 4.6%
Renter share
7.9% → 9%
+1.1 pts
Bachelor's+
55.9% → 56%
+0.1 pts
Median age
46.3 → 47
+0.7 yrs

Local incomes tracked alongside that move, going from a median of $131,002 in 2021 to $142,100 more recently. The population has contracted by 4.6% since 2021, moving from about 17,929 residents to roughly 17,098.

Community

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Local insights

Tips for renters in ZIP 48324

About renting in ZIP 48324

Last updated: October 17, 2026

ZIP code 48324 covers West Bloomfield, MI. The median rent here is $1,849/mo as of October 2026. A 1-bedroom rents for a median of $1,390/mo. A 2-bedroom rents for a median of $1,750/mo.

At 16% of local median household income ($142,100/yr), ZIP 48324 ranks as affordable compared to the national benchmark of 30%. Rents have increased 9.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 48324?

To keep rent at or below 30% of gross income, you would need to earn at least $74,000/year (about $36/hour full-time) to afford the median rent of $1,849/mo in ZIP 48324. The local median household income is $142,100/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 48324?

Rent in ZIP 48324 has risen 9.2% over the past year.

How does ZIP 48324 compare to other ZIPs in Michigan?

ZIP 48324 is one of the pricier among Michigan ZIP codes for rent, ranking #31 of 168 at $1,849/mo. Over the year to September 2026, rent in ZIP 48324 changed +9.2%, against a typical +4.4% across the 134 Michigan ZIP codes Zillow tracks.

How does ZIP 48324 compare to the rest of West Bloomfield?

At $1,849/mo, ZIP 48324 is $428 below the West Bloomfield citywide median of $2,277/mo.
Income Affordability
16%
VERY AFFORDABLE

At $1,849/mo, rent takes ~16% of ZIP 48324's median household income ($142,100/yr). The standard benchmark is 30%.

ZIP 48324 16%Benchmark 30%
State income tax4.25%
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Schools nearby

Public schools near ZIP 48324 (West Bloomfield, MI)

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