Zip lookup · MI

48104
Ann Arbor, Michigan.

Ann Arbor, Washtenaw County, MI · Ann Arbor, MI metro · population 43,979

What it costs per month · 48104 $2,953/mo

to buy the typical home at today's mortgage rate — +$1,463 (+98%) since Jan 2020.

What the home itself did
1 year
Up $17,048 +3%
$545,629$562,676 since Sep 2025
5 years
Up $105,793 +23%
$456,883$562,676 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$1,000 $2,000 $3,000 2002 2006 2010 2014 2018 2022 2026 48104 $2,953 United States $1,922
$1,000 $2,000 $3,000 2002 2010 2018 2026
  • 48104$2,953
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 17 years.

Typical home values in zip 48104 rose 3.1% over the past year — faster than the nation's +1.2%.

Asking rents in zip 48104 rose 0.8% over the past year — slower than the nation's +2.7%.

Owning the typical home in zip 48104 runs $2,219/mo more than renting one — the widest that gap has been in this data.

That is $4,267 a month against $2,048 rent: a $2,953 mortgage payment, plus $712 property tax and $602 insurance & upkeep.

Owning vs renting — zip 48104

The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.

$2,000 $3,000 $4,000 2018 2020 2022 2024 2026 Owning all in $4,267 Renting $2,048 Mortgage only $2,953
$2,000 $3,000 $4,000 2018 2022 2026
  • Owning all in$4,267
  • Renting$2,048
  • Mortgage only$2,953

Property tax · $712/mo 1.52% of value a year — the ACS 2020-2024 median bill over the median home value for Washtenaw County, MI

Insurance & upkeep · $602/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.

Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.

Zillow also publishes an index for the city itself: Ann Arbor, MI — measured over the city limits, which is a different area from this zip.

Asking rent $2,048 as of Sep 2026
+0.8%year on year
Typical home value $562,676 as of Sep 2026
+3.1%year on year

Asking rent — 48104

Against the Ann Arbor, MI metro and the national benchmark.

$1,250 $1,500 $1,750 $2,000 2018 2020 2022 2024 2026 48104 $2,048 Ann Arbor $1,917 United States $1,932
$1,250 $1,500 $1,750 $2,000 2018 2022 2026
  • 48104$2,048
  • Ann Arbor$1,917
  • United States$1,932

Typical home value — 48104

Mid-tier homes, smoothed and seasonally adjusted.

$200,000 $300,000 $400,000 $500,000 2018 2020 2022 2024 2026 48104 $562,676 Ann Arbor $411,985 United States $366,157
$200,000 $300,000 $400,000 $500,000 2018 2022 2026
  • 48104$562,676
  • Ann Arbor$411,985
  • United States$366,157

Within 20 miles

Showing 30 of 38 zips in range — sorting picks from all 38.

10 mi 20 mi 50 mi
Miles Zip City Population Rent Home value
2.9 48108 Ann Arbor 27,666 $1,584 $434,139
4.7 48105 Ann Arbor 37,048 $2,339 $544,970
6.4 48197 Ypsilanti 66,525 $1,227 $342,282
6.4 48103 Ann Arbor 55,054 $2,050 $516,940
6.7 48198 Ypsilanti 39,244 $1,640 $222,613
9.2 48176 Saline 23,451 $2,027 $464,849
10.8 48189 Whitmore Lake 13,893 $1,723 $359,840
10.8 48190 Whittaker 76 — $231,362
11.4 48130 Dexter 16,986 $2,400 $508,425
11.9 48170 Plymouth 40,076 $1,550 $475,084
11.9 48188 Canton 45,665 $1,974 $406,927
12.6 48187 Canton 53,376 $1,875 $395,336
12.6 48191 Willis 4,403 — $302,010
12.6 48160 Milan 13,972 — $308,284
12.8 48178 South Lyon 37,789 $1,652 $472,962
13.1 48111 Belleville 44,709 $1,439 $307,227
13.3 48168 Northville 25,038 $2,648 $652,361
13.9 48139 Hamburg 96 — $331,006
15.2 48167 Northville 24,713 $1,671 $491,966
16.5 48184 Wayne 17,348 $1,166 $171,708
16.7 48118 Chelsea 13,246 — $413,795
17.0 48116 Brighton 27,289 $2,382 $416,702
17.1 48165 New Hudson 9,566 $2,048 $461,657
17.4 48374 Novi 17,672 $1,997 $673,283
17.5 49236 Clinton 5,026 — $276,997
17.7 48158 Manchester 7,770 — $373,536
17.7 48186 Westland 35,103 $1,306 $197,449
17.7 48185 Westland 48,530 $1,295 $222,635
18.2 48169 Pinckney 20,519 — $406,108
18.4 48159 Maybee 2,578 — $289,104

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.