Detroit Neighborhood Guide for Rental Investors
Detroit Rental Neighborhoods by ZIP Code
Detroit has more than 200 official neighborhoods, and rents, home prices and the share of renters change a lot from one part of the city to the next. This guide lists the City of Detroit's own neighborhood names under each Detroit ZIP code, with the rent and home value figures for that ZIP code, so investors, including owners who live in another city or state, can compare areas before they buy. The figures update by themselves when the Census Bureau and HUD publish new numbers.
Get a Free Rental AnalysisHow to Read the Figures
- Median rent: the middle gross rent across all occupied rentals in the ZIP code, including long-standing leases, so a home leased today often rents for more.
- HUD rent, 2 bedrooms: the U.S. Department of Housing and Urban Development’s fair market rent for a voucher holder in that ZIP code, utilities included.
- Median home value: what owners in the Census survey say their home is worth. It is not a sale price.
- Homes that are rented: the share of occupied homes that are rented rather than owned.
- Yearly rent to home value: twelve months of median rent divided by the median home value. It runs high where prices are low, and it is only a first screen: it leaves out vacancy, repairs, taxes, insurance and the condition of the home.
Detroit Neighborhoods and Their ZIP Codes
48201
| Median rent | $914 |
| HUD rent, 2 bedrooms | $1,340 |
| Median home value | $412,600 |
| Homes that are rented | 89% |
| Yearly rent to home value | 2.7% |
Neighborhoods: Brewster Homes, Brush Park, Douglass, Jeffries, Medical Center and Midtown.
48202
| Median rent | $981 |
| HUD rent, 2 bedrooms | $1,350 |
| Median home value | $186,500 |
| Homes that are rented | 69% |
| Yearly rent to home value | 6.3% |
Neighborhoods: Arden Park, Boston Edison, Cultural Center, Elijah McCoy, Gateway Community, Medbury Park, Milwaukee Junction, New Center, New Center Commons, North End, Piety Hill, Tech Town, Virginia Park, Virginia Park Community and Wayne State.
48203
| Median rent | $801 |
| HUD rent, 2 bedrooms | $1,110 |
| Median home value | $76,200 |
| Homes that are rented | 49% |
| Yearly rent to home value | 12.6% |
Neighborhoods: Cadillac Heights, Detroit Golf, Green Acres, Greenfield Park, Grixdale Farms, Hawthorne Park, Nolan, North Campau, Palmer Park, Palmer Woods, Penrose and State Fair.
The figures for 48203 also include Highland Park, which shares the ZIP code.
48204
| Median rent | $1,052 |
| HUD rent, 2 bedrooms | $1,270 |
| Median home value | $59,200 |
| Homes that are rented | 45% |
| Yearly rent to home value | 21.3% |
Neighborhoods: Aviation Sub, Barton-McFarland, Grand River-I96, Littlefield Community, Midwest, Nardin Park, Oakman Blvd Community and Petoskey-Otsego.
48205
| Median rent | $1,215 |
| HUD rent, 2 bedrooms | $1,360 |
| Median home value | $65,300 |
| Homes that are rented | 49% |
| Yearly rent to home value | 22.3% |
Neighborhoods: Conner Creek, Eden Gardens, Franklin, Gratiot-Findlay, LaSalle College Park, Mapleridge, Mohican Regent, Pulaski, Regent Park and Von Steuben.
48206
| Median rent | $965 |
| HUD rent, 2 bedrooms | $1,180 |
| Median home value | $116,300 |
| Homes that are rented | 46% |
| Yearly rent to home value | 10.0% |
Neighborhoods: Boston Edison, Dexter-Linwood, Historic Atkinson, Jamison, LaSalle Gardens, Petoskey-Otsego, Virginia Park Community and Wildemere Park.
48207
| Median rent | $1,108 |
| HUD rent, 2 bedrooms | $1,380 |
| Median home value | $211,600 |
| Homes that are rented | 74% |
| Yearly rent to home value | 6.3% |
Neighborhoods: Belle Isle, Eastern Market, Elmwood Park, Forest Park, Gratiot-Grand, Islandview, Lafayette Park, McDougall-Hunt and Rivertown.
48208
| Median rent | $896 |
| HUD rent, 2 bedrooms | $1,180 |
| Median home value | $176,400 |
| Homes that are rented | 66% |
| Yearly rent to home value | 6.1% |
Neighborhoods: Chadsey Condon, Core City, Elijah McCoy, NW Goldberg, North Corktown, Wayne State and Woodbridge.
48209
| Median rent | $883 |
| HUD rent, 2 bedrooms | $1,070 |
| Median home value | $89,000 |
| Homes that are rented | 39% |
| Yearly rent to home value | 11.9% |
Neighborhoods: Carbon Works, Central Southwest, Delray, Hubbard Farms and Springwells.
48210
| Median rent | $976 |
| HUD rent, 2 bedrooms | $1,200 |
| Median home value | $67,800 |
| Homes that are rented | 42% |
| Yearly rent to home value | 17.3% |
Neighborhoods: Chadsey Condon, Claytown, Michigan-Martin and Midwest.
48211
| Median rent | $1,044 |
| HUD rent, 2 bedrooms | $1,220 |
| Median home value | $78,900 |
| Homes that are rented | 49% |
| Yearly rent to home value | 15.9% |
Neighborhoods: Gratiot Town/Kettering, Milwaukee Junction, North End, Poletown East and Russell Industrial.
48212
| Median rent | $999 |
| HUD rent, 2 bedrooms | $1,150 |
| Median home value | $109,200 |
| Homes that are rented | 38% |
| Yearly rent to home value | 11.0% |
Neighborhoods: Buffalo Charles, Cadillac Heights, Campau/Banglatown, Davison, Grant and North Campau.
The figures for 48212 also include Hamtramck, which shares the ZIP code.
48213
| Median rent | $913 |
| HUD rent, 2 bedrooms | $1,160 |
| Median home value | $56,200 |
| Homes that are rented | 42% |
| Yearly rent to home value | 19.5% |
Neighborhoods: Airport Sub, Chandler Park, Chandler Park-Chalmers, Eden Gardens, Gratiot Town/Kettering, Gratiot Woods, Outer Drive-Hayes, Pingree Park, Ravendale, Wade and West End.
48214
| Median rent | $842 |
| HUD rent, 2 bedrooms | $1,120 |
| Median home value | $147,300 |
| Homes that are rented | 59% |
| Yearly rent to home value | 6.9% |
Neighborhoods: Conner Creek Industrial, East Canfield, East Village, Gold Coast, Gratiot Woods, Gratiot-Grand, Indian Village, Islandview, Joseph Berry Sub, Marina District, Pingree Park, Waterworks Park, West End and West Village.
48215
| Median rent | $901 |
| HUD rent, 2 bedrooms | $1,230 |
| Median home value | $111,000 |
| Homes that are rented | 49% |
| Yearly rent to home value | 9.7% |
Neighborhoods: Conner Creek Industrial, Fox Creek, Jefferson Chalmers and Riverbend.
48216
| Median rent | $988 |
| HUD rent, 2 bedrooms | $1,230 |
| Median home value | $242,600 |
| Homes that are rented | 65% |
| Yearly rent to home value | 4.9% |
Neighborhoods: Corktown, Hubbard Farms, Hubbard Richard, Mexicantown, North Corktown and West Side Industrial.
48217
| HUD rent, 2 bedrooms | $1,410 |
| Median home value | $65,500 |
| Homes that are rented | 37% |
Neighborhoods: Boynton and Oakwood Heights.
48217 has too few rentals for a reliable Census rent estimate, so none is shown.
48219
| Median rent | $1,079 |
| HUD rent, 2 bedrooms | $1,430 |
| Median home value | $99,200 |
| Homes that are rented | 45% |
| Yearly rent to home value | 13.1% |
Neighborhoods: Berg-Lahser, Evergreen Lahser 7/8, Evergreen-Outer Drive, Five Points, Holcomb Community, McNichols Evergreen, Melvern Hill, Miller Grove, North Rosedale Park, O'Hair Park, Oak Grove District 1, Old Redford, Riverdale, Seven Mile-Rouge, South of Six and The Eye.
48221
| Median rent | $1,206 |
| HUD rent, 2 bedrooms | $1,430 |
| Median home value | $154,600 |
| Homes that are rented | 34% |
| Yearly rent to home value | 9.4% |
Neighborhoods: Bagley, Fitzgerald/Marygrove, Garden Homes, Green Acres, Martin Park, McDowell, Oak Grove District 2, Pembroke, Schulze, Sherwood Forest and University District.
48223
| Median rent | $1,031 |
| HUD rent, 2 bedrooms | $1,260 |
| Median home value | $99,500 |
| Homes that are rented | 44% |
| Yearly rent to home value | 12.4% |
Neighborhoods: Brightmoor, Castle Rouge, Eliza Howell, Grandmont #1, Minock Park, North Rosedale Park, Rosedale Park, Schoolcraft Southfield and Westwood Park.
48224
| Median rent | $1,224 |
| HUD rent, 2 bedrooms | $1,460 |
| Median home value | $88,700 |
| Homes that are rented | 44% |
| Yearly rent to home value | 16.6% |
Neighborhoods: Chandler Park-Chalmers, Cornerstone Village, Denby, East English Village, Morningside, Moross-Morang, Outer Drive-Hayes and Yorkshire Woods.
48226
| Median rent | $1,743 |
| HUD rent, 2 bedrooms | $2,170 |
| Median home value | $324,500 |
| Homes that are rented | 94% |
| Yearly rent to home value | 6.4% |
Neighborhoods: Downtown and Greektown.
48227
| Median rent | $1,034 |
| HUD rent, 2 bedrooms | $1,350 |
| Median home value | $75,100 |
| Homes that are rented | 41% |
| Yearly rent to home value | 16.5% |
Neighborhoods: Belmont, Bethune Community, Cadillac Community, Crary/St Marys, Grand River-I96, Grand River-St Marys, Grandmont, Greenfield-Grand River, Happy Homes, Hubbell-Lyndon, Joy Community, Paveway, Plymouth-Hubbell, Plymouth-I96, Pride Area Community and Schoolcraft Southfield.
48228
| Median rent | $1,109 |
| HUD rent, 2 bedrooms | $1,270 |
| Median home value | $59,500 |
| Homes that are rented | 51% |
| Yearly rent to home value | 22.4% |
Neighborhoods: Aviation Sub, Fiskhorn, Franklin Park, Garden View, Joy Community, Joy-Schaefer, Rouge Park, Southfield Plymouth, Warren Ave Community, Warrendale, We Care Community and Weatherby.
48234
| Median rent | $1,015 |
| HUD rent, 2 bedrooms | $1,210 |
| Median home value | $61,200 |
| Homes that are rented | 47% |
| Yearly rent to home value | 19.9% |
Neighborhoods: Airport Sub, Butler, Conant Gardens, Conner Creek, Farwell, Grant, Krainz Woods, Mount Olivet, Northeast Central District, Nortown, Pershing, Pulaski and Sherwood.
48235
| Median rent | $1,169 |
| HUD rent, 2 bedrooms | $1,370 |
| Median home value | $90,000 |
| Homes that are rented | 46% |
| Yearly rent to home value | 15.6% |
Neighborhoods: Blackstone Park, College Park, Crary/St Marys, Greenfield, Greenwich, Harmony Village, Hubbell-Puritan, San Bernardo, Schaefer 7/8 Lodge, Schulze, Seven Mile Lodge, Tri-Point and Winship.
48238
| Median rent | $1,010 |
| HUD rent, 2 bedrooms | $1,220 |
| Median home value | $64,800 |
| Homes that are rented | 53% |
| Yearly rent to home value | 18.7% |
Neighborhoods: Bethune Community, Chalfonte, Davison-Schoolcraft, Dexter-Fenkell, Dexter-Linwood, Fitzgerald/Marygrove, Littlefield Community, Northwest Community, Oakman Blvd Community, Pilgrim Village and Russell Woods.
Sources: City of Detroit Open Data, Current City of Detroit Neighborhoods, matched to the U.S. Census Bureau ZIP Code Tabulation Areas; U.S. Census Bureau, American Community Survey 2020 to 2024 5-year estimates; U.S. Department of Housing and Urban Development, Small Area Fair Market Rents, FY 2027. A neighborhood that crosses a ZIP code line is listed under each ZIP code that holds a large part of it. Far West Detroit and West Outer Drive lie in ZIP code 48239, shared with Redford Township.
Before You Buy in Detroit:
- Rental registration. Every Detroit rental must be registered with the city and hold a Certificate of Compliance before it is rented.
- The inspection. The home must pass the city's property condition inspection, so price in the repairs it may need.
- Paint and soil. The city's checklist allows no deteriorated paint or bare soil.
- Taxes and city bills. Check the property tax record and any unpaid city bills before closing.
- Tenant in place. If the home is occupied, read the lease and the payment history before you buy.
What We Handle for Detroit Owners:
- City compliance. Registration, the Certificate of Compliance and inspection dates.
- Repairs. Getting the home ready for inspection and keeping it in good repair.
- Leasing. Marketing, showings, tenant screening and the lease.
- Rent collection. Collecting rent and following up when it is late, with statements in your owner portal.
- Section 8. Housing agency paperwork and voucher inspections.
More for Detroit rental owners: our Detroit property management page with the city’s rental rules, the Detroit Landlord Guide, the Certificate of Compliance guide, the Metro Detroit Rent Report and rents by ZIP code for every ZIP code we serve. If you live elsewhere, see how we manage rentals for out-of-state owners.
Talk to Us About Your Detroit Rental
Request a free rental analysis and we will send you a rent estimate for your Detroit 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
- Whether it has a Certificate of Compliance