RentDataNowRentDataNow
ZIP Code · MI

ZIP 48708

Part of Bay City, MI
Pop. 25,635·Bay County·144th most expensive ZIP in Michigan
Median rent (all units)
$1,179/mo
Year-over-Year
Stable
Month-over-Month
+13.6%
vs US Median
-$786
Rising (Monthly)
Be the first to discuss 48708 rents ↓
Most AffordableMost Expensive
ZIP 48708 · $1,179
More affordable than 93% of US ZIP codes · National median $1,965/mo
Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$760
1 BR
$770
2 BR
$970
3 BR
$1,320
4 BR+
$1,430
Research median
$970/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost
$14,148/yr
At $1,179/mo median
Location
StateMI
CountyBay County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +13.6% MoM), not inventory.
Demographics

Who lives here

ZIP 48708 (Bay City, MI) is majority owner-occupied, has a median income below the national average, 17.8% of residents hold a bachelor's degree or higher.

Population
25,635
Median income
$50,518
Median age
41.9
Renters
29.9%
Age distribution
18.6%
23.3%
24.9%
14.4%
18.9%
Under 1818.6%
18–3423.3%
35–5424.9%
55–6414.4%
65+18.9%
Gender
48.5%
51.5%
Male48.5%
Female51.5%
Race & ethnicity
84.9%
12.3%
White84.9%
Black2.4%
Hispanic12.3%
Asian0.8%
Education (25+)
34%
37.5%
17.8%
No HS diploma10.7%
HS diploma34%
Some college37.5%
Bachelor's+17.8%
Housing tenure
70.1%
29.9%
Owner70.1%
Renter29.9%

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

2021 vs 2026

How ZIP 48708 in Bay City, MI has changed in 5 years

Income
$43,074 → $50,518
up 17.3%
Population
26,163 → 25,635
down 2.0%
Renter share
33.1% → 29.9%
-3.2 pts
Bachelor's+
16.3% → 17.8%
+1.5 pts

Median household income grew from $43,074 to $50,518 between 2021 and 2024, a 17.3% shift. Headcount in the area went from 26,163 to 25,635 between 2021 and 2024, a 2.0% change. About 29.9% of households rent today, against 33.1% in 2021.

Community

Discussions about ZIP 48708

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 48708

About renting in ZIP 48708

Last updated: July 20, 2026

ZIP code 48708 covers Bay City, MI. The median rent here is $1,179/mo as of July 2026. A 1-bedroom rents for a median of $770/mo. A 2-bedroom rents for a median of $970/mo.

At 28% of local median household income ($50,518/yr), ZIP 48708 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 is rent in ZIP code 48708?

As of July 20, 2026, the median monthly rent in ZIP 48708 (Bay City, MI) is $1,179. This is based on aggregated data from public sources and community submissions.

How does ZIP 48708 rent compare to the US average?

ZIP 48708's median rent of $1,179/mo is $786 (40%) below the US national median of $1,965/mo.

How does ZIP 48708 compare to other ZIPs in Michigan?

ZIP 48708 is among the more affordable ZIP codes in Michigan, ranking #144 out of 165 ZIPs at $1,179/mo.

How much income do you need to rent in ZIP 48708?

To keep rent at or below 30% of gross income, you would need to earn at least $47,000/year (~$23/hour full-time) to afford the median rent of $1,179/mo in ZIP 48708. The local median household income is $50,518/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 48708?

Rent in ZIP 48708 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 48708 an affordable place to rent?

ZIP 48708 is considered affordable for renters. At $1,179/mo, rent takes approximately 28% of the local median household income ($50,518/yr). The standard benchmark is 30%. ZIP 48708 falls comfortably within that range.

What percentage of ZIP 48708 residents rent vs. own?

According to Census data, approximately 29.9% of ZIP 48708 households are renters, while 70.1% are owner-occupied. ZIP 48708 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 48708 compare to the rest of Bay City?

ZIP 48708 is pricier than Bay City as a whole. At $1,179/mo, it's $215 above the Bay City citywide median of $964/mo.

When was rent data for ZIP 48708 last updated?

Rent data for ZIP 48708 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
28%
AFFORDABLE

At $1,179/mo, rent takes ~28% of ZIP 48708's median household income ($50,518/yr). The standard benchmark is 30%.

ZIP 48708 28%Benchmark 30%
State income tax4.25%
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Schools nearby

Public schools near ZIP 48708 (Bay City, MI)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.