19 zip codes·Updated September 2026

Detroit rents and rental comps

The median asking rent across 19 Detroit zip codes is $1,218/month, up 1.3% from a year ago.

Entry prices that look like typos and fundamentals that are improving. The comeback story is real this time. Healthcare, tech, and automotive are driving it. Property selection matters more in Detroit than almost anywhere. A few blocks in the wrong direction changes everything.

Median Asking Rent

$1,218

Rent Change (YoY)

+1.3%

Avg Days on Market

Active Rental Listings

2,030

Median List Price

$92,500

Median Asking Rent Over Time

Average across 19 zip codes

12 months+0.2%

Median Asking Rent by ZIP Code

Rental Listings by ZIP Code

ZIP	Median Rent	YoY Growth	$/Sqft	Avg DOM	Listings
48226	$2,125/mo	+6.3%	$2.76	70	39
48202	$1,550/mo	+11.1%	$1.79	94	145
48201	$1,525/mo	+18.2%	$2.14	92	91
48207	$1,500/mo	-6.3%	$1.69	81	78
48208	$1,350/mo	+7.1%	$1.62	73	35
48221	$1,300/mo	0.0%	$1.16	39	82
48235	$1,300/mo	+2.0%	$1.22	54	89
48214	$1,296/mo	+17.8%	$1.49	87	83
48206	$1,250/mo	-3.8%	$1.05	74	130
48224	$1,250/mo	+4.2%	$1.15	42	155
48227	$1,250/mo	+4.2%	$1.12	62	98
48205	$1,230/mo	+0.8%	$1.22	49	90
48234	$1,220/mo	-2.4%	$1.18	41	58
48219	$1,200/mo	-4.0%	$1.25	47	95
48228	$1,200/mo	0.0%	$1.30	52	103
48204	$1,000/mo	0.0%	$1.06	66	75
48213	$1,000/mo	-27.3%	$1.14	47	59
48209	$999/mo	-9.2%	$1.40	68	24
48223	$950/mo	+5.6%	$1.17	146	501

Comps for any address in Detroit

Type the address, get the comps. No setup.

Median Asking Rent by Bedroom

Unit Size	Median Rent	$/Sqft
Studio	$825/mo	$1.75/sqft
1 Bedroom	$873/mo	$1.31/sqft
2 Bedroom	$1,125/mo	$1.30/sqft
3 Bedroom	$1,374/mo	$1.22/sqft
4 Bedroom	$1,575/mo	$1.07/sqft

Aggregated median across all Detroit zip codes with available data.

For-Sale Listings by ZIP Code

ZIP	Median List Price	YoY Change	$/Sqft
48201	$413,000	-13.1%	$340.58
48226	$349,900	-0.0%	$326.09
48202	$199,900	-0.0%	$141.33
48221	$174,900	-5.5%	$112.96
48209	$149,900	-12.3%	$93.75
48214	$145,000	+21.8%	$131.26
48206	$139,999	+7.7%	$79.05
48235	$125,000	+8.8%	$104.00
48210	$110,000	+10.1%	$86.82
48207	$95,000	-23.9%	$139.74
48219	$90,000	-10.0%	$91.58
48224	$90,000	-9.1%	$82.57
48227	$90,000	-9.9%	$77.46
48223	$88,000	-3.3%	$90.75
48228	$85,000	-4.5%	$87.90
48204	$79,000	-7.1%	$54.93
48234	$72,000	-4.0%	$67.73
48205	$70,000	-6.7%	$67.63
48213	$59,000	-26.2%	$50.21
48208	$54,999	-8.3%	$142.57

HUD Fair Market Rents

Unit Size	Fair Market Rent	Median Asking Rent	Difference
Studio	$890/mo	$825/mo	-7%
1 Bedroom	$990/mo	$873/mo	-12%
2 Bedroom	$1,250/mo	$1,125/mo	-10%
3 Bedroom	$1,530/mo	$1,374/mo	-10%
4 Bedroom	$1,660/mo	$1,575/mo	-5%

HUD publishes Fair Market Rents once a year for the Detroit metro area. Local housing authorities use them to set Section 8 voucher payment standards, usually 90% to 110% of the FMR.

Wayne County FMR page Section 8 vs market rent

About the Detroit rental market

The median asking rent across Detroit, MI sits at $1,218/month, pulled from active rental listings in 19 zip codes. That's up 1.3% from a year ago.

Rents aren't uniform across the city. ZIP 48226 tops the list at $2,125/month. ZIP 48223 comes in lowest at $950/month. That's a 124% spread between the top and bottom zip codes, which is wide. City-wide averages won't tell you much about a specific property here.

A 2-bedroom rents for $1,125/month at the median. 1-bedrooms run about $873. 3-bedrooms come in around $1,374.

Listings take longer here. The average is 68 days on market, which gives renters more room to negotiate and means landlords should price carefully.

Gross rent-to-value math works out to about 15.8% here ($1,218/month against a $92,500 median price). That's on the stronger end for major US metros.

HUD's Fair Market Rent for a 2-bedroom in the Detroit metro is $1,250/month. Asking rents come in about 3% below the federal benchmark, which can make Section 8 properties competitive here.

Detroit has some of the lowest purchase prices of any major US city, which makes rent-to-price ratios look incredible on paper. Some of them are. There are neighborhoods where the math holds up. Midtown, Corktown, and greater downtown have come back significantly. The auto industry is still the backbone (GM, Ford, Stellantis), but healthcare and tech have grown. The hard rule for Detroit: the difference between a great rental and a terrible one can be a few blocks. There's cheap for a reason and there's cheap because the market hasn't caught up. Spending time on specific neighborhoods is non-negotiable. The upside is real but so are the risks if you buy blind.

These numbers are city-wide averages. If you're pricing a specific property in Detroit, pull comps from the same zip code. The spread is usually bigger than people expect.