Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in ZCTA5 48414, Michigan?
ZIP code · Census ACS 5-Year estimates
The median gross rent in ZCTA5 48414, Michigan (ZIP 48414) is $932/month (±$64), based on Census ACS 5-Year estimates (2024). The median home value is $195,300 (±$13,815), and the median household income is $68,214/year. The unemployment rate in Shiawassee County, Michigan was 4.8% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for ZIP 48414
| Metric | Value |
|---|---|
| Median Gross Rent | $932 |
| Median Home Value | $195,300 |
| Median Household Income | $68,214 |
| Total Housing Units | 1,070 |
| Renter-Occupied Units | 73 |
| Renter-Occupied Share | 7% |
| Households Paying 50%+ Income | 8 households |
| Unemployment Rate(April 2026) | 4.8% |
How does ZIP 48414 compare?
Median gross rent ranked against all ZIP codes in Michigan.
Higher rent than 43% of ZIP codes in Michigan · 485th of 852
| # | ZIP code | Value |
|---|---|---|
| 1 | ZCTA5 48085 | $2,620 |
| 2 | ZCTA5 48374 | $2,548 |
| 3 | ZCTA5 48070 | $2,493 |
| … 481 more … | ||
| 485 | ZCTA5 48414(you are here) | $932 |
| … 364 more … | ||
| 850 | ZCTA5 48157 | $395 |
| 851 | ZCTA5 49060 | $347 |
| 852 | ZCTA5 49820 | $342 |
Geography
ZIP 48414 is in Shiawassee County, Michigan.
It covers part of Bancroft village city, Michigan.
More data for ZCTA5 48414
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Frequently asked questions
What is the average rent in ZCTA5 48414, Michigan?
The median gross rent in ZCTA5 48414, Michigan (ZIP 48414) is $932/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in ZCTA5 48414, Michigan?
The median rent for a 2-bedroom in ZCTA5 48414, Michigan is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in ZCTA5 48414, Michigan?
The median home value in ZCTA5 48414, Michigan (ZIP 48414) is $195,300 according to Census ACS 5-Year estimates (2024).
What percentage of renters in ZCTA5 48414 are rent-burdened?
In ZCTA5 48414, Michigan, 8 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in ZCTA5 48414, Michigan?
The median household income in ZCTA5 48414, Michigan is $68,214/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $932 has a margin of error of ±$64. In very small areas, MOEs can be large relative to the estimate.
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