ZIP 48226

Detroit, MI

Data based on listings and public records observed by Rufus. May not represent the entire market.

ZIP 48226 covers 26 tracked apartment buildings totaling 4,131 units in Detroit, MI, with an average asking rent of $2,088 — above the national median for this ZIP code. Asking rents span $840 to $7,290 across the available inventory. Occupancy of 93.8% is in line with a healthy stabilized market.

The for-sale market in this ZIP code shows a median asking price of $349,900 ($355 per square foot). For-sale listings sit on the market for an average of 103 days. As of the most recent snapshot Rufus is tracking 31 active listings. HMDA mortgage data for the county covering Detroit shows an average loan amount of $219,166 at an average interest rate of 7.08%. 16,337 loans were originated in the most recent reporting year, an elevated denial rate that is worth benchmarking before underwriting new deals.

Rufus refreshes this ZIP code snapshot from live scraping of listing sources and public deed and mortgage records; figures are observed rather than reported by owners and may differ from marketing brochures.

Last updated 2026-07-28 · Tracked since 2025-10-11
Avg Rent
$2,088
$840 – $7,290
Buildings
26
Total Units
4,131
Est. Occupancy
93.8%
257 vacant (observed)

Building Vintage

Pre-1980
14
1980-1999
3
2015+
9

Largest Buildings

PropertyUnitsBuiltAvg Rent
Riverfront Towers5571992$1,869
The Residences Water Square4962024$2,582
Washington Park Apartments3511981$1,797
The Millie on Brush3381986$1,758
Town Residences3121920$923
CBD Detroit Apartments2882020$2,402
Book Tower2292023$2,564
The Lofts of Merchants Row1991920$1,733
eXchange Apartments1652023$1,573
28Grand1332017$1,166
Last updated: 2026-07-14
Median Asking Price
$349,900
Median Size
1,134 sqft
Price per Sqft
$355
Avg Days on Market
103 days
Active Listings
31

Home Type Breakdown

Condo96.8%(30)
Single Family3.2%(1)
Source: HMDA / CFPB

Mortgage data is reported at the county level and may cover a broader area than the ZIP, city, or metro shown.

Avg Loan Amount
$219,166
Avg Property Value
$265,482
Avg Applicant Income
$108,904
Denial Rate
18.8%
Avg Interest Rate
7.08%
Originations
16,337

Loan Type Breakdown

Conventional78.3%
FHA17.9%
VA3.5%
USDA0.3%