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ZIP Code · MI

ZIP 48642

Part of Midland, MI
Pop. 34,039·Midland County·57th most expensive ZIP in Michigan
Median rent (all units)
$1,637/mo
Year-over-Year
+7.2%
Month-over-Month
-3.7%
vs US Median
-$328
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 48642 · $1,637
More affordable than 63% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,020
1 BR
$1,040
2 BR
$1,340
3 BR
$1,710
4 BR+
$1,890
Research median
$1,340/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: July 20, 2026

Annual cost
$19,644/yr
At $1,637/mo median
Location
StateMI
CountyMidland 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 (+7.2% YoY, -3.7% MoM), not inventory.
Demographics

Who lives here

ZIP 48642 (Midland, MI) is majority owner-occupied, 40.4% of residents hold a bachelor's degree or higher.

Population
34,039
Median income
$77,847
Median age
40.6
Renters
25.3%
Age distribution
21.7%
18.8%
25.7%
14.6%
19.2%
Under 1821.7%
18–3418.8%
35–5425.7%
55–6414.6%
65+19.2%
Gender
51.1%
48.9%
Male51.1%
Female48.9%
Race & ethnicity
89.4%
White89.4%
Black1.5%
Hispanic4.3%
Asian3.4%
Other1.4%
Education (25+)
25.4%
30.8%
40.4%
No HS diploma3.4%
HS diploma25.4%
Some college30.8%
Bachelor's+40.4%
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 48642 in Midland, MI has changed in 5 years

Income
$68,525 → $77,847
up 13.6%
Population
33,734 → 34,039
up 0.9%
Renter share
26.2% → 25.3%
-0.9 pts
Bachelor's+
40.1% → 40.4%
+0.3 pts
Median age
41.1 → 40.6
-0.5 yrs

On the earnings side, the typical household in ZIP 48642 in Midland, MI now reports about $77,847, up from $68,525 in 2021.

Community

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Local insights

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About renting in ZIP 48642

Last updated: July 20, 2026

ZIP code 48642 covers Midland, MI. The median rent here is $1,637/mo as of July 2026. A 1-bedroom rents for a median of $1,040/mo. A 2-bedroom rents for a median of $1,340/mo.

At 25% of local median household income ($77,847/yr), ZIP 48642 ranks as affordable compared to the national benchmark of 30%. Rents have increased 7.2% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 48642?

As of July 20, 2026, the median monthly rent in ZIP 48642 (Midland, MI) is $1,637. This is based on aggregated data from public sources and community submissions.

How does ZIP 48642 rent compare to the US average?

ZIP 48642's median rent of $1,637/mo is $328 (17%) below the US national median of $1,965/mo.

How does ZIP 48642 compare to other ZIPs in Michigan?

ZIP 48642 falls in the middle range for Michigan, ranking #57 out of 165 ZIPs at $1,637/mo.

How much income do you need to rent in ZIP 48642?

To keep rent at or below 30% of gross income, you would need to earn at least $65,000/year (~$31/hour full-time) to afford the median rent of $1,637/mo in ZIP 48642. The local median household income is $77,847/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 48642?

Rent in ZIP 48642 has increased 7.2% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 48642 an affordable place to rent?

ZIP 48642 is considered affordable for renters. At $1,637/mo, rent takes approximately 25% of the local median household income ($77,847/yr). The standard benchmark is 30%. ZIP 48642 falls comfortably within that range.

What percentage of ZIP 48642 residents rent vs. own?

According to Census data, approximately 25.3% of ZIP 48642 households are renters, while 74.7% are owner-occupied. ZIP 48642 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 48642 compare to the rest of Midland?

ZIP 48642 is pricier than Midland as a whole. At $1,637/mo, it's $154 above the Midland citywide median of $1,483/mo.

When was rent data for ZIP 48642 last updated?

Rent data for ZIP 48642 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
25%
AFFORDABLE

At $1,637/mo, rent takes ~25% of ZIP 48642's median household income ($77,847/yr). The standard benchmark is 30%.

ZIP 48642 25%Benchmark 30%
State income tax4.25%
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Schools nearby

Public schools near ZIP 48642 (Midland, MI)

Recent submissions

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