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ZIP Code · MI

ZIP 48324

Pop. 17,098·Oakland County·45th most expensive ZIP in Michigan
Median rent (all units)
$1,741/mo
Year-over-Year
+15.6%
Month-over-Month
+14.6%
vs US Median
-$221
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 48324 · $1,741
More affordable than 55% of US ZIP codes · National median $1,962/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: August 17, 2026

Annual cost
$20,892/yr
At $1,741/mo median
Location
StateMI
CountyOakland County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 15.6% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+15.6% YoY, +14.6% 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

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About renting in ZIP 48324

Last updated: August 17, 2026

ZIP code 48324 covers West Bloomfield, MI. The median rent here is $1,741/mo as of August 2026. A 1-bedroom rents for a median of $1,390/mo. A 2-bedroom rents for a median of $1,750/mo.

At 15% of local median household income ($142,100/yr), ZIP 48324 ranks as affordable compared to the national benchmark of 30%. Rents have increased 15.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 48324?

As of August 17, 2026, the median monthly rent in ZIP 48324 (West Bloomfield, MI) is $1,741. This is based on aggregated data from public sources and community submissions.

How does ZIP 48324 rent compare to the US average?

ZIP 48324's median rent of $1,741/mo is $221 (11%) below the US national median of $1,962/mo.

How does ZIP 48324 compare to other ZIPs in Michigan?

ZIP 48324 is one of the pricier ZIP codes in Michigan, ranking #45 out of 170 ZIPs tracked at $1,741/mo.

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 $70,000/year (~$34/hour full-time) to afford the median rent of $1,741/mo in ZIP 48324. The local median household income is $142,100/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 48324?

Rent in ZIP 48324 has increased 15.6% over the past year as of August 17, 2026, putting upward pressure on renter budgets.

Is ZIP 48324 an affordable place to rent?

ZIP 48324 is considered very affordable for renters. At $1,741/mo, rent takes approximately 15% of the local median household income ($142,100/yr). The standard benchmark is 30%. ZIP 48324 falls comfortably within that range.

What percentage of ZIP 48324 residents rent vs. own?

According to Census data, approximately 9% of ZIP 48324 households are renters, while 91% are owner-occupied. ZIP 48324 leans toward homeownership, which can mean a smaller rental inventory.

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

ZIP 48324 is more affordable than West Bloomfield overall. At $1,741/mo, it's $398 below the West Bloomfield citywide median of $2,139/mo.

When was rent data for ZIP 48324 last updated?

Rent data for ZIP 48324 reflects August 17, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
15%
VERY AFFORDABLE

At $1,741/mo, rent takes ~15% of ZIP 48324's median household income ($142,100/yr). The standard benchmark is 30%.

ZIP 48324 15%Benchmark 30%
State income tax4.25%
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Schools nearby

Public schools near ZIP 48324 (West Bloomfield, MI)

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