ZIP Code · MI

ZIP 48346

Pop. 23,167·Oakland County·28th most expensive ZIP in Michigan
Median rent (all units)
$1,866/mo
Year-over-Year
+3.6%
Month-over-Month
+0.2%
vs US Median
-$66
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 48346 · $1,866
More expensive than 53% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,170
1 BR
$1,300
2 BR
$1,630
3 BR
$1,990
4 BR+
$2,160
Research median
$1,630/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 48346 changed +3.6% over the year to September 2026. Across the 134 Michigan ZIP codes Zillow tracks, the typical change was +4.4%.

Recent direction

Rent rose in 5 of the last 12 months.

What a typical income covers

30% of the median household income ($101,477) is $2,537 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,160).

Cheaper nearby

ZIP 48340, 8 miles away, rents for 29% less ($1,328/mo), about $6,500 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 48346. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$22,392/yr
At $1,866/mo median
Location
StateMI
CountyOakland County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.6% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.6% YoY, +0.2% MoM), not inventory.
Demographics

Who lives here

ZIP 48346 (Clarkston, MI) is majority owner-occupied, has a median income above the national average, 42.8% of residents hold a bachelor's degree or higher.

Population
23,167
Median income
$101,477
Median age
40.7
Renters
30.9%
Age distribution
19.7%
24.4%
22.5%
14.7%
18.7%
Under 1819.7%
18–3424.4%
35–5422.5%
55–6414.7%
65+18.7%
Gender
50%
50%
Male50%
Female50%
Race & ethnicity
82.4%
White82.4%
Black4.4%
Hispanic7.3%
Asian1.3%
Other4.6%
Education (25+)
23.9%
29.2%
42.8%
No HS diploma4.1%
HS diploma23.9%
Some college29.2%
Bachelor's+42.8%
Housing tenure
69.1%
30.9%
Owner69.1%
Renter30.9%

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

2021 vs 2026

How ZIP 48346 in Clarkston, MI has changed in 5 years

Income
$84,795 → $101,477
up 19.7%
Population
23,390 → 23,167
down 1.0%
Renter share
30.3% → 30.9%
+0.6 pts
Bachelor's+
38.6% → 42.8%
+4.2 pts
Median age
39.2 → 40.7
+1.5 yrs

Median household income climbed from $84,795 to $101,477 between 2021 and 2024, a 19.7% shift. Census counts show ZIP 48346 in Clarkston, MI losing about 223 residents over the five-year window, down 1.0% on net. Bachelor's-degree-or-higher attainment moved from 38.6% to 42.8% across the same window.

Community

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Local insights

Tips for renters in ZIP 48346

About renting in ZIP 48346

Last updated: October 17, 2026

ZIP code 48346 covers Clarkston, MI. The median rent here is $1,866/mo as of October 2026. A 1-bedroom rents for a median of $1,300/mo. A 2-bedroom rents for a median of $1,630/mo.

At 22% of local median household income ($101,477/yr), ZIP 48346 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 48346?

To keep rent at or below 30% of gross income, you would need to earn at least $75,000/year (about $36/hour full-time) to afford the median rent of $1,866/mo in ZIP 48346. The local median household income is $101,477/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 48346?

Rent in ZIP 48346 has risen 3.6% over the past year.

How does ZIP 48346 compare to other ZIPs in Michigan?

ZIP 48346 is one of the pricier among Michigan ZIP codes for rent, ranking #28 of 168 at $1,866/mo. Over the year to September 2026, rent in ZIP 48346 changed +3.6%, against a typical +4.4% across the 134 Michigan ZIP codes Zillow tracks.

How does ZIP 48346 compare to the rest of Clarkston?

At $1,866/mo, ZIP 48346 is $36 above the Clarkston citywide median of $1,830/mo.
Income Affordability
22%
VERY AFFORDABLE

At $1,866/mo, rent takes ~22% of ZIP 48346's median household income ($101,477/yr). The standard benchmark is 30%.

ZIP 48346 22%Benchmark 30%
State income tax4.25%
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Schools nearby

Public schools near ZIP 48346 (Clarkston, MI)

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