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ZIP Code · MI

ZIP 48842

Part of Holt, MI
Pop. 21,945·Ingham County·24th most expensive ZIP in Michigan
Median rent (all units)
$1,868/mo
Year-over-Year
-0.9%
Month-over-Month
-8.0%
vs US Median
-$83
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 48842 · $1,868
More expensive than 53% of US ZIP codes · National median $1,951/mo
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Medians by bedroom

Rent by unit size

Studio
$1,080
1 BR
$1,130
2 BR
$1,410
3 BR
$1,810
4 BR+
$1,870
Research median
$1,410/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: June 22, 2026

Annual cost
$22,416/yr
At $1,868/mo median
Location
CityHolt
StateMI
CountyIngham County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.9% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-0.9% YoY, -8.0% MoM), not inventory.
Demographics

Who lives here

ZIP 48842 (Holt, MI) is majority owner-occupied, 40% of residents hold a bachelor's degree or higher.

Population
21,945
Median income
$88,340
Median age
39.6
Renters
33.5%
Age distribution
21.4%
21.1%
25.9%
12.4%
19.2%
Under 1821.4%
18–3421.1%
35–5425.9%
55–6412.4%
65+19.2%
Gender
48.6%
51.4%
Male48.6%
Female51.4%
Race & ethnicity
75.7%
White75.7%
Black7.3%
Hispanic7.4%
Asian4.8%
Other4.8%
Education (25+)
22.5%
31.9%
40%
No HS diploma5.6%
HS diploma22.5%
Some college31.9%
Bachelor's+40%
Housing tenure
66.5%
33.5%
Owner66.5%
Renter33.5%

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

2021 vs 2026

How ZIP 48842 in Holt, MI has changed in 5 years

Income
$71,640 → $88,340
up 23.3%
Population
21,415 → 21,945
up 2.5%
Renter share
33.1% → 33.5%
+0.4 pts
Bachelor's+
39.9% → 40%
+0.1 pts

On the earnings side, the typical household in ZIP 48842 in Holt, MI now reports about $88,340, up from $71,640 in 2021. Headcount in the area went from 21,415 to 21,945 between 2021 and 2024, a 2.5% change.

Community

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Local insights

Tips for renters in ZIP 48842

About renting in ZIP 48842

Last updated: June 22, 2026

ZIP code 48842 covers Holt, MI. The median rent here is $1,868/mo as of June 2026. A 1-bedroom rents for a median of $1,130/mo. A 2-bedroom rents for a median of $1,410/mo.

At 25% of local median household income ($88,340/yr), ZIP 48842 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 48842?

As of June 22, 2026, the median monthly rent in ZIP 48842 (Holt, MI) is $1,868. This is based on aggregated data from public sources and community submissions.

How does ZIP 48842 rent compare to the US average?

ZIP 48842's median rent of $1,868/mo is $83 (4%) below the US national median of $1,951/mo.

How does ZIP 48842 compare to other ZIPs in Michigan?

ZIP 48842 is one of the pricier ZIP codes in Michigan, ranking #24 out of 163 ZIPs tracked at $1,868/mo.

How much income do you need to rent in ZIP 48842?

To keep rent at or below 30% of gross income, you would need to earn at least $75,000/year (~$36/hour full-time) to afford the median rent of $1,868/mo in ZIP 48842. The local median household income is $88,340/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 48842?

Rent in ZIP 48842 has decreased 0.9% over the past year as of June 22, 2026, offering some relief compared to 12 months ago.

Is ZIP 48842 an affordable place to rent?

ZIP 48842 is considered affordable for renters. At $1,868/mo, rent takes approximately 25% of the local median household income ($88,340/yr). The standard benchmark is 30%. ZIP 48842 falls comfortably within that range.

What percentage of ZIP 48842 residents rent vs. own?

According to Census data, approximately 33.5% of ZIP 48842 households are renters, while 66.5% are owner-occupied. ZIP 48842 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 48842 compare to the rest of Holt?

ZIP 48842 sits right at the Holt citywide median of $1,868/mo.

When was rent data for ZIP 48842 last updated?

Rent data for ZIP 48842 reflects June 22, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
25%
AFFORDABLE

At $1,868/mo, rent takes ~25% of ZIP 48842's median household income ($88,340/yr). The standard benchmark is 30%.

ZIP 48842 25%Benchmark 30%
State income tax4.25%
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Schools nearby

Public schools near ZIP 48842 (Holt, MI)

Recent submissions

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