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Property Management in 48390, Oakland County

48390 Property Management Leasing Co.

Zamzam Property Management leases and manages single-family homes and multi-family units in ZIP code 48390, which serves Commerce Township, Wolverine Lake and Walled Lake, Michigan: marketing, tenant screening, rent collection, maintenance and inspections. Below are the rent figures for 48390 and the rental rules that apply here.

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48390 Rental Market at a Glance:

Population23,939
Occupied homes10,421
Homes that are rented2,632 (25%)
Median gross rent$1,690
Median home value$309,400
Median household income$91,381

Median Rent in 48390 by Bedroom Count:

1 bedroom$1,009
2 bedrooms$1,764
3 bedrooms$2,019

Median gross rents across all occupied rentals, including long-standing leases, with utilities paid by the tenant. Sizes without a reliable Census figure are left out.

HUD Fair Market Rents in 48390:

1 bedroom$1,570
2 bedrooms$1,960
3 bedrooms$2,390
4 bedrooms$2,590

HUD sets these for fiscal year 2027 for housing choice voucher payments. They include utilities and sit a little below the middle of the market, so a well-kept home may rent for more.

Rental Rules That Apply in 48390:

ZIP code 48390 serves Commerce Township, Wolverine Lake and Walled Lake. Rental registration, licensing and inspection rules are set by each city or township, so the address decides which rules apply. A ZIP code can also reach into a neighboring community.

Commerce Township: property management in Commerce Township. Other ZIP codes: 48382.

Wolverine Lake: property management in Wolverine Lake.

Walled Lake: property management in Walled Lake.

Sources: U.S. Census Bureau, American Community Survey 2020 to 2024 5-year estimates, ZIP Code Tabulation Area 48390 (tables B01003, B25003, B25064, B25077, B19013, B25031); U.S. Department of Housing and Urban Development, Small Area Fair Market Rents, FY 2027. A Census ZIP code area can differ slightly from the postal ZIP code.

48390 Property Management FAQ

The median gross rent in ZIP code 48390 is $1,690 per month, according to the Census Bureau's 2020 to 2024 American Community Survey. Three-bedroom rentals have a median of $2,019.
For fiscal year 2027, HUD sets the fair market rent in 48390 at $1,960 for a two-bedroom home and $2,390 for a three-bedroom home. These figures include utilities and are used for housing choice voucher payments.
ZIP code 48390 serves Commerce Township, Wolverine Lake and Walled Lake. Rental registration, licensing and inspection rules are set by each city or township, so the address decides which rules apply. See the rules for Commerce Township, Wolverine Lake and Walled Lake.
Yes. We work with the Housing Choice Voucher program in Detroit and the surrounding communities, and we handle the housing agency paperwork and the inspections. See Section 8 property management.
Yes. Owners can live anywhere. We lease the home, collect the rent, handle maintenance and inspections, and post statements to your owner portal. See property management for out-of-state owners.
Request a free rental analysis and we will send you a rent estimate for your address.

Talk to Us About Your 48390 Rental

Request a free rental analysis and we will send you a rent estimate for your address. Prefer to talk? Call 248-592-7688.

Tell Us About Your Rental:

  • Property address and number of bedrooms
  • Whether the home is vacant or occupied
  • Who manages it now, if anyone
  • Any city registration or inspection you know of
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