ZIP Code · MI

ZIP 48507

Part of Flint, MI

Pop. 28,723·Genesee County·166th most expensive ZIP in Michigan

Median rent (all units)

$945/mo

Year-over-Year

Stable

Month-over-Month

-0.4%

vs US Median

-$987

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 48507 · $945

More affordable than 99% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$730

1 BR

$850

2 BR

$1,030

3 BR

$1,270

4 BR+

$1,490

Research median

$1,030/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

Compared with the peak

Rent in ZIP 48507 is 2.6% below its high of $970 in May 2026, at $945 as of September 2026.

Recent direction

Rent has fallen 4 months in a row, and rose in 5 of the last 12 months.

What a typical income covers

30% of the median household income ($46,554) is $1,164 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,030); a 3-bedroom is $1,270.

Rank in Flint

1st cheapest of 3 ZIP codes in Flint.

From Zillow's monthly rent index (ZORI) for ZIP 48507. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$11,340/yr

At $945/mo median

Location

CityFlint

StateMI

CountyGenesee County

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (+0.0% YoY, -0.4% MoM), not inventory.

Demographics

Who lives here

ZIP 48507 (Flint, MI) is majority owner-occupied, has a median income below the national average, 13.8% of residents hold a bachelor's degree or higher.

Population

28,723

Median income

$46,554

Median age

36.9

Renters

42.2%

Age distribution

22.3%

23.4%

24.3%

14%

16%

Under 1822.3%

18–3423.4%

35–5424.3%

55–6414%

65+16%

Gender

48.5%

51.5%

Male48.5%

Female51.5%

Race & ethnicity

62.7%

28.4%

White62.7%

Black28.4%

Hispanic5.2%

Asian0.8%

Other2.8%

Education (25+)

13.3%

40.2%

32.7%

13.8%

No HS diploma13.3%

HS diploma40.2%

Some college32.7%

Bachelor's+13.8%

Housing tenure

57.8%

42.2%

Owner57.8%

Renter42.2%

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

2023 vs 2026

How ZIP 48507 in Flint, MI has changed in 5 years

Rent

$779 → $945

up 21.3%

Income

$38,491 → $46,554

up 20.9%

Population

28,841 → 28,723

down 0.4%

Renter share

44.8% → 42.2%

-2.6 pts

Bachelor's+

12.4% → 13.8%

+1.4 pts

Across the past five years, the going rent in ZIP 48507 in Flint, MI has shifted from $779 to $945, up 21.3% since 2023. Census figures show median household income at $46,554 today, compared with $38,491 five years earlier. The renter share has eased from 44.8% to 42.2%, with owner-occupied housing accounting for the remainder. The combined trend lines point to a market that has changed measurably from where it stood in early 2023.

Community

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Local insights

Tips for renters in ZIP 48507

About renting in ZIP 48507

Last updated: October 17, 2026

ZIP code 48507 covers Flint, MI. The median rent here is $945/mo as of October 2026. A 1-bedroom rents for a median of $850/mo. A 2-bedroom rents for a median of $1,030/mo.

At 24% of local median household income ($46,554/yr), ZIP 48507 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 48507?

To keep rent at or below 30% of gross income, you would need to earn at least $38,000/year (about $18/hour full-time) to afford the median rent of $945/mo in ZIP 48507. The local median household income is $46,554/yr, so the typical household meets that bar.