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ZIP Code · MI

ZIP 48342

Part of Pontiac, MI
Pop. 17,564·Oakland County·100th most expensive ZIP in Michigan
Median rent (all units)
$1,342/mo
Year-over-Year
+3.5%
Month-over-Month
+1.9%
vs US Median
-$623
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 48342 · $1,342
More affordable than 84% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$890
1 BR
$990
2 BR
$1,250
3 BR
$1,530
4 BR+
$1,660
Research median
$1,250/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: June 22, 2026

Annual cost
$16,104/yr
At $1,342/mo median
Location
StateMI
CountyOakland County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 3.5% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+3.5% YoY, +1.9% MoM), not inventory.
Demographics

Who lives here

ZIP 48342 (Pontiac, MI) is majority renter-occupied, has a median income below the national average, 10.2% of residents hold a bachelor's degree or higher.

Population
17,564
Median income
$35,253
Median age
37
Renters
59.5%
Age distribution
22.7%
24.8%
25.5%
16.2%
Under 1822.7%
18–3424.8%
35–5425.5%
55–6416.2%
65+10.8%
Gender
53.4%
46.6%
Male53.4%
Female46.6%
Race & ethnicity
19%
51.1%
21.8%
White19%
Black51.1%
Hispanic21.8%
Asian4.7%
Other3.4%
Education (25+)
24%
39.5%
26.3%
No HS diploma24%
HS diploma39.5%
Some college26.3%
Bachelor's+10.2%
Housing tenure
40.5%
59.5%
Owner40.5%
Renter59.5%

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

2021 vs 2026

How ZIP 48342 in Pontiac, MI has changed in 5 years

Income
$28,561 → $35,253
up 23.4%
Population
16,419 → 17,564
up 7.0%
Renter share
61.8% → 59.5%
-2.3 pts
Bachelor's+
8.4% → 10.2%
+1.8 pts
Median age
30.5 → 37
+6.5 yrs

Median household income climbed from $28,561 to $35,253 between 2021 and 2024, a 23.4% shift. Census counts show ZIP 48342 in Pontiac, MI adding about 1,145 residents over the five-year window, up 7.0% on net. The renter share has eased from 61.8% to 59.5%, with owner-occupied housing accounting for the remainder.

Community

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Local insights

Tips for renters in ZIP 48342

About renting in ZIP 48342

Last updated: June 22, 2026

ZIP code 48342 covers Pontiac, MI. The median rent here is $1,342/mo as of June 2026. A 1-bedroom rents for a median of $990/mo. A 2-bedroom rents for a median of $1,250/mo.

At 46% of local median household income ($35,253/yr), ZIP 48342 ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.5% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 48342?

As of June 22, 2026, the median monthly rent in ZIP 48342 (Pontiac, MI) is $1,342. This is based on aggregated data from public sources and community submissions.

How does ZIP 48342 rent compare to the US average?

ZIP 48342's median rent of $1,342/mo is $623 (32%) below the US national median of $1,965/mo.

How does ZIP 48342 compare to other ZIPs in Michigan?

ZIP 48342 falls in the middle range for Michigan, ranking #100 out of 163 ZIPs at $1,342/mo.

How much income do you need to rent in ZIP 48342?

To keep rent at or below 30% of gross income, you would need to earn at least $54,000/year (~$26/hour full-time) to afford the median rent of $1,342/mo in ZIP 48342. The local median household income is $35,253/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 48342?

Rent in ZIP 48342 has increased 3.5% over the past year as of June 22, 2026, putting upward pressure on renter budgets.

Is ZIP 48342 an affordable place to rent?

ZIP 48342 is considered stretched for renters. At $1,342/mo, rent takes approximately 46% of the local median household income ($35,253/yr). The standard benchmark is 30%. ZIP 48342 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 48342 residents rent vs. own?

According to Census data, approximately 59.5% of ZIP 48342 households are renters, while 40.5% are owner-occupied. With a majority renter population, ZIP 48342 has a strong rental market.

How does ZIP 48342 compare to the rest of Pontiac?

ZIP 48342 is pricier than Pontiac as a whole. At $1,342/mo, it's $46 above the Pontiac citywide median of $1,296/mo.

When was rent data for ZIP 48342 last updated?

Rent data for ZIP 48342 reflects June 22, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
46%
STRETCHED

At $1,342/mo, rent takes ~46% of ZIP 48342's median household income ($35,253/yr). The standard benchmark is 30%.

ZIP 48342 46%Benchmark 30%
State income tax4.25%
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Schools nearby

Public schools near ZIP 48342 (Pontiac, MI)

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