48204
Detroit, Michigan.
Detroit, Wayne County, MI · Detroit-Warren-Dearborn, MI metro · population 20,696
to buy the typical home at today's mortgage rate — +$163 (+122%) since Jan 2020.
- 1 year
- Down $2,752 -5%
- $59,311$56,559 since Sep 2025
- 5 years
- Up $3,626 +7%
- $52,933$56,559 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.
- 48204$297
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 52 years.
Typical home values in zip 48204 fell 4.6% over the past year — slower than the nation's +1.2%.
Zillow also publishes an index for the city itself: Detroit, MI — measured over the city limits, which is a different area from this zip.
Asking rent — 48204
Against the Detroit-Warren-Dearborn, MI metro and the national benchmark.
- 48204$1,128
- Detroit$1,514
- United States$1,932
Typical home value — 48204
Mid-tier homes, smoothed and seasonally adjusted.
- 48204$56,559
- Detroit$264,316
- United States$366,157
Within 20 miles
Showing 30 of 114 zips in range — sorting picks from all 114.
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 1.9 | 48206 | Detroit | 15,227 | $1,227 | $90,915 |
| 2.1 | 48238 | Detroit | 24,731 | $1,247 | $54,502 |
| 2.2 | 48210 | Detroit | 26,722 | — | $71,227 |
| 2.9 | 48208 | Detroit | 8,037 | $1,306 | $136,858 |
| 2.9 | 48227 | Detroit | 40,302 | $1,376 | $67,593 |
| 3.3 | 48126 | Dearborn | 51,997 | $1,839 | $236,680 |
| 3.4 | 48202 | Detroit | 15,780 | $1,411 | $184,429 |
| 3.9 | 48228 | Detroit | 50,117 | $1,174 | $66,264 |
| 4.2 | 48216 | Detroit | 5,865 | $1,686 | $190,997 |
| 4.3 | 48221 | Detroit | 41,392 | $1,302 | $134,161 |
| 4.4 | 48203 | Highland Park | 20,049 | $1,313 | $60,415 |
| 4.4 | 48209 | Detroit | 27,184 | $934 | $89,192 |
| 4.4 | 48201 | Detroit | 15,091 | $1,568 | $420,528 |
| 4.4 | 48120 | Dearborn | 8,323 | $1,588 | $252,431 |
| 5.0 | 48235 | Detroit | 45,600 | $1,366 | $92,152 |
| 5.1 | 48211 | Detroit | 5,419 | — | $56,890 |
| 5.3 | 48226 | Detroit | 6,831 | $2,042 | $319,011 |
| 5.4 | 48212 | Hamtramck | 43,384 | $1,181 | $128,138 |
| 5.6 | 48223 | Detroit | 22,622 | $1,023 | $84,419 |
| 6.1 | 48217 | Detroit | 6,564 | — | $55,466 |
| 6.2 | 48122 | Melvindale | 12,554 | $1,163 | $138,484 |
| 6.4 | 48220 | Ferndale | 21,527 | $1,654 | $241,047 |
| 6.6 | 48218 | River Rouge | 7,011 | — | $83,290 |
| 6.7 | 48128 | Dearborn | 12,624 | $2,150 | $306,777 |
| 6.8 | 48207 | Detroit | 20,848 | $1,439 | $146,835 |
| 6.9 | 48234 | Detroit | 32,760 | $1,274 | $52,022 |
| 7.0 | 48219 | Detroit | 47,208 | $1,363 | $86,511 |
| 7.0 | 48030 | Hazel Park | 14,963 | $1,525 | $154,149 |
| 7.1 | 48124 | Dearborn | 34,479 | $1,952 | $235,931 |
| 7.1 | 48237 | Oak Park | 29,318 | $1,540 | $231,297 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.