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ZIP Code · MI

ZIP 48390

Pop. 23,939·Oakland County·7th most expensive ZIP in Michigan
Median rent (all units)
$2,251/mo
Year-over-Year
+11.5%
Month-over-Month
+4.9%
vs US Median
+$289
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 48390 · $2,251
More expensive than 71% of US ZIP codes · National median $1,962/mo
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Medians by bedroom

Rent by unit size

Studio
$1,400
1 BR
$1,560
2 BR
$1,960
3 BR
$2,390
4 BR+
$2,600
Research median
$1,960/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
$27,012/yr
At $2,251/mo median
Location
StateMI
CountyOakland County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 11.5% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+11.5% YoY, +4.9% MoM), not inventory.
Demographics

Who lives here

ZIP 48390 (Commerce Township, MI) is majority owner-occupied, has a median income above the national average, 41.8% of residents hold a bachelor's degree or higher.

Population
23,939
Median income
$91,381
Median age
43.1
Renters
25.3%
Age distribution
18.4%
18.7%
26.9%
16.3%
19.6%
Under 1818.4%
18–3418.7%
35–5426.9%
55–6416.3%
65+19.6%
Gender
48.8%
51.2%
Male48.8%
Female51.2%
Race & ethnicity
86%
White86%
Black2.9%
Hispanic2.8%
Asian6.8%
Other1.5%
Education (25+)
22.6%
31.9%
41.8%
No HS diploma3.7%
HS diploma22.6%
Some college31.9%
Bachelor's+41.8%
Housing tenure
74.7%
25.3%
Owner74.7%
Renter25.3%

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

2021 vs 2026

How ZIP 48390 in Commerce Township, MI has changed in 5 years

Income
$74,951 → $91,381
up 21.9%
Population
23,878 → 23,939
up 0.3%
Renter share
27.1% → 25.3%
-1.8 pts
Bachelor's+
41.6% → 41.8%
+0.2 pts
Median age
43.9 → 43.1
-0.8 yrs

Local incomes tracked alongside that move, going from a median of $74,951 in 2021 to $91,381 more recently. About 25.3% of households rent today, against 27.1% in 2021.

Community

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Local insights

Tips for renters in ZIP 48390

About renting in ZIP 48390

Last updated: August 17, 2026

ZIP code 48390 covers Commerce Township, MI. The median rent here is $2,251/mo as of August 2026. A 1-bedroom rents for a median of $1,560/mo. A 2-bedroom rents for a median of $1,960/mo.

At 30% of local median household income ($91,381/yr), ZIP 48390 ranks as moderate compared to the national benchmark of 30%. Rents have increased 11.5% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 48390?

As of August 17, 2026, the median monthly rent in ZIP 48390 (Commerce Township, MI) is $2,251. This is based on aggregated data from public sources and community submissions.

How does ZIP 48390 rent compare to the US average?

ZIP 48390's median rent of $2,251/mo is $289 (15%) above the US national median of $1,962/mo.

How does ZIP 48390 compare to other ZIPs in Michigan?

ZIP 48390 is one of the pricier ZIP codes in Michigan, ranking #7 out of 170 ZIPs tracked at $2,251/mo.

How much income do you need to rent in ZIP 48390?

To keep rent at or below 30% of gross income, you would need to earn at least $90,000/year (~$43/hour full-time) to afford the median rent of $2,251/mo in ZIP 48390. The local median household income is $91,381/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 48390?

Rent in ZIP 48390 has increased 11.5% over the past year as of August 17, 2026, putting upward pressure on renter budgets.

Is ZIP 48390 an affordable place to rent?

ZIP 48390 is considered moderate for renters. At $2,251/mo, rent takes approximately 30% of the local median household income ($91,381/yr). The standard benchmark is 30%. ZIP 48390 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 48390 residents rent vs. own?

According to Census data, approximately 25.3% of ZIP 48390 households are renters, while 74.7% are owner-occupied. ZIP 48390 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 48390 compare to the rest of Commerce Township?

ZIP 48390 is more affordable than Commerce Township overall. At $2,251/mo, it's $73 below the Commerce Township citywide median of $2,324/mo.

When was rent data for ZIP 48390 last updated?

Rent data for ZIP 48390 reflects August 17, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
30%
MODERATE

At $2,251/mo, rent takes ~30% of ZIP 48390's median household income ($91,381/yr). The standard benchmark is 30%.

ZIP 48390 30%Benchmark 30%
State income tax4.25%
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Schools nearby

Public schools near ZIP 48390 (Commerce Township, MI)

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