Direct recent-lease rent history
Monthly overall-rent index; missing observations are not filled from another geography.
FIPS 26125 · population 1,279,825 · part of Detroit, MI
The latest county-level Zillow ZORI is $1,733 per month in 2026-06. It is a typical asking-rent index across rental types—not an arithmetic average, signed lease or quote for one property.
| Bedrooms | HUD monthly FMR | Geography | Measurement boundary |
|---|---|---|---|
| Studio | $1,009 | Oakland County, MI | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 1 bedroom | $1,122 | Oakland County, MI | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 2 bedrooms | $1,411 | Oakland County, MI | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 3 bedrooms | $1,724 | Oakland County, MI | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 4 bedrooms | $1,868 | Oakland County, MI | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
Zillow asking rent, ACS gross rent and HUD FMR describe different housing universes. They remain separate and no metro, city or neighboring-county value replaces missing county evidence.Zillow pulled 2026-07-26 · HUD pulled 2026-07-26
Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.
Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.
Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.
Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2021-2025; latest 2025 vs 2024 · pulled 2026-08-02. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.
BEA per-capita personal income divides all personal income by the county population. It is broader than wages, but it is not household income or a measure of what renters can afford.
HUD CHAS separates renter households by income relative to local HAMFI. Moderate burden means housing costs above 30% through 50% of income; severe burden means more than 50%.
These Apartment List observations match the exact county Census code 26125. They are kept separate from Zillow asking rent, Census occupied-home rent and wider metro measures.
Monthly overall-rent index; missing observations are not filled from another geography.
Oakland County's tension is income potential against softening visible seller conditions and carrying-risk unknowns, not a simple appreciation thesis. Zillow's 2026-06 county home-value measure increased, while the separate FHFA annual HPI observation for 2025 increased 4.15%. The FHFA result is a repeat-transaction index, not a dollar home value; its vintage and method cannot be averaged with Zillow's. Investors underwriting stabilized rent should investigate costs and location exposure, while resale-led buyers should be cautious.
The record publishes a $1,733 monthly median asking rent, which supports the stated 5.52% gross yield before operating costs. This is market rent, not HUD's $1,411 two-bedroom Fair Market Rent: FMR is a payment standard rather than an asking-rent estimate. An effective property-tax rate of 1.27% reduces the room between gross yield and net return. Insurance, debt service, maintenance, utilities, vacancy and property-specific taxes are not published, so net yield and cash flow cannot be underwritten from this record.
Realtor.com MLS evidence shows active listings rose 15.56% and median listing prices declined. That is visible asking-price supply, not closed-sale pricing or proof of buyer demand. Annual QCEW covered employment at county workplaces fell 0.50%; Professional and business services is the largest disclosed private supersector, not the whole economy. Net tax-return migration was -2,989, with arrivals' average AGI $6,256 below departures. Investors accounted for 818 of 14,351 purchase mortgages, or 5.70%, indicating a measurable but mortgage-only competitor segment.
Modeled climate loss equals 0.08% of building value per year and aligns with inland flood as the dominant hazard, but it is a county-level modeled ratio, not parcel loss or insurance cost. Flood maps, elevation, drainage, prior claims, replacement coverage and quotes are not published; their absence prevents flood-specific net-cash-flow underwriting. Also missing are submarket rents, lease-up and vacancy evidence, closed sales, financing terms and property condition, preventing a conclusion on achievable rent, exit value or asset-level return.
This view uses 12 direct Zillow ZIP markets matched to Census ZCTAs. Each ZIP is assigned by its largest HUD residential county share; this is not an exhaustive county inventory.
Within the selected direct-evidence set, the practical question is not whether Oakland County has one rent level, but which ZIP/ZCTA reading fits a household’s price screen and availability tolerance. Zillow’s June 2026 ZORI—a typical observed asking-rent index—runs from $1,188 in ZIP 48393 to $2,266 in ZIP 48067, a $1,078 spread around a $1,609.50 median. The county’s $1,733 ZORI sits above that selected-set median. The range makes a county figure a starting point rather than a substitute for a location-specific search; it does not rank ZIPs by suitability or predict future rents.
Zillow, ACS, and HUD answer different questions and should remain separate. ACS five-year estimates place county median gross rent at $1,376, versus $1,733 for county ZORI; the $357 difference is a contrast in measure, time frame, and coverage, not a rent trend. HUD’s $1,411 two-bedroom FMR is instead an administrative program standard, not an asking rent. In the displayed records, ZORI is 65.7% of HUD’s two-bedroom level in ZIP 48335 and 128.0% at the high-ZORI endpoint. Those ratios compare unlike measures and do not establish a unit’s payment standard, asking rent, or tenant eligibility.
Affordability and availability call for a second screen. ACS estimates put the share of renter households spending 30% or more of income on rent between 28.5% at the high-ZORI endpoint and 49.7% in ZIP 48340, against 44.8% countywide. For that ZIP, its $1,270 ZORI implies $50,800 of annual income under that budget screen, while ACS reports $47,891 median household income. This juxtaposition is not a measure of any renter’s actual burden. Vacancy is also an ACS five-year estimate: the lowest-ZORI record shows 1.7% vacancy, while the highest-vacancy displayed record shows 10.4%. Low index rent alone therefore does not indicate an easier current unit search.
Coverage and geography limit how far this comparison can travel. Only 12 of 37 eligible direct-ZORI ZIP/ZCTA matches are shown, covering 62,609 renter households; they are a selected comparison set, not a countywide inventory. Display assignment follows the largest HUD residential-address share; every displayed record’s primary share is 100%, yet Census ZCTAs are statistical areas rather than USPS delivery ZIPs. Before choosing a property, verify its current advertised effective rent, bedroom count and floor area, utilities and fees, lease term, availability, screening terms, and program eligibility. Also confirm the exact address, whether the advertised figure excludes parking, deposits, utilities, or concessions, and which costs are due at application, move-in, and renewal. Use a HUD benchmark only when the actual bedroom configuration and applicable program rules match the property. Inspect the unit-specific gross rent rather than relying on an index or program benchmark as the lease amount.
37 ZIP profiles passed the county gate; the 12 with the most renter households are shown.
| ZIP / ZCTA | Zillow asking rent | ACS gross rent | HUD 2BR | Burden 30%+ | Vacancy | Income screen | HUD county share |
|---|---|---|---|---|---|---|---|
| 48335 | $1,241 | $1,502 | $1,890 | 32.4% | 8.6% | $50k | 100.0% |
| 48307 | $1,723 | $1,562 | $1,810 | 36.9% | 4.8% | $69k | 100.0% |
| 48340 | $1,270 | $1,135 | $1,320 | 49.7% | 8.7% | $51k | 100.0% |
| 48034 | $1,383 | $1,299 | $1,620 | 49.7% | 10.4% | $55k | 100.0% |
| 48326 | $1,754 | $1,477 | $1,640 | 39.7% | 7.3% | $70k | 100.0% |
| 48073 | $1,916 | $1,283 | $1,620 | 35.5% | 6.5% | $77k | 100.0% |
| 48393 | $1,188 | $1,036 | $1,130 | 42.7% | 1.7% | $48k | 100.0% |
| 48377 | $1,868 | $1,579 | $1,550 | 44.5% | 8.1% | $75k | 100.0% |
| 48071 | $1,496 | $1,176 | $1,380 | 39.1% | 8.4% | $60k | 100.0% |
| 48237 | $1,445 | $1,396 | $1,660 | 45.4% | 4.9% | $58k | 100.0% |
| 48067 | $2,266 | $1,489 | $1,770 | 28.5% | 6.4% | $91k | 100.0% |
| 48220 | $1,756 | $1,272 | $1,540 | 38.4% | 5.3% | $70k | 100.0% |
Open a five-digit report for asking rent, affordability, rent history and resale liquidity. Each row keeps its ZIP/ZCTA measurement scope.
| ZIP report | City label | Zillow rent | 1Y change | ACS burden 30%+ | Population |
|---|---|---|---|---|---|
| ZIP 48220 rental reportOakland County | Ferndale, MI | $1,756 | ▲ 3.7% | 38.4% | 21,527 |
| ZIP 48307 rental reportOakland County | Rochester Hills, MI | $1,723 | ▲ 4.7% | 36.9% | 44,714 |
| ZIP 48084 rental reportOakland County | Troy, MI | $1,690 | ▲ 0.9% | 35.3% | 15,960 |
Zillow ZORI is an asking-rent index. ACS burden and population describe the Census ZCTA; missing observations remain n/a.
Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.
Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.
0.081% of building value expected lost per year
$4,371 median annual bill
30,539 in · 33,528 out
$80,079 arriving · $86,335 leaving
818 of 14,351 mortgages
Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.
A metro is an average of these. Which side of a county line a property sits on can change the tax bill, the hazard profile and the tenant pool.
| County | Population | Price | Rent | Yield | Hazard |
|---|---|---|---|---|---|
| Oakland County | 1,279,825 | $376k | $1,733 | 5.5% | inland flooding |
| Wayne County | 1,772,259 | $181k | $1,423 | 9.4% | inland flooding |
| Macomb County | 879,853 | $275k | $1,412 | 6.2% | inland flooding |
| Livingston County | 195,833 | $407k | $2,032 | 6.0% | inland flooding |
| St. Clair County | 160,221 | $264k | $1,054 | 4.8% | inland flooding |
| Lapeer County | 88,837 | $300k | $1,355 | 5.4% | inland flooding |
Yes. The record publishes $1,733 median monthly asking rent and a stated 5.52% gross yield before costs. HUD's $1,411 two-bedroom FMR is a payment standard, not market asking rent.
QCEW measures annual average covered jobs located at county workplaces. It shows covered employment declined 0.50%; it is not resident employment or an unemployment measure.
Investors accounted for 818 of 14,351 purchase mortgages, equal to 5.70%. This measure covers non-occupant purchase mortgages, not all acquisition methods.