RentYield Atlas

ZIP 48162 — Monroe, MI: rental yield & market data

Gross rental yield of 5.99% — ranked #127 of 214 Michigan ZIP codes. June 2026 data.

Gross rental yield
5.99%
Home value
$242,624
Market rent / mo
$1,211
Price-to-rent
16.7

Trend

Metric1-year change5-year change
Home value+5.8% +27.4%
Market rent

Metro: Monroe, MI · County: Monroe County · Annual rent: $14,532

Comparable ZIP codes in Michigan

Similar home values, sorted by yield — the cheapest way to see if 48162 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
48126DearbornMI$243,279$1,7368.56%11.7+5.1%
48124DearbornMI$244,355$1,7028.36%12.0+4.1%
48075SouthfieldMI$242,679$1,6848.33%12.0+1.3%
48088WarrenMI$248,071$1,6658.05%12.4+2.8%
49507Grand RapidsMI$246,490$1,5367.48%13.4+1.6%
48237Oak ParkMI$239,564$1,4457.24%13.8+1.5%
48092WarrenMI$248,386$1,4316.91%14.5-0.8%
49006KalamazooMI$248,080$1,4046.79%14.7+5.9%

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