Direct recent-lease rent history
Monthly overall-rent index; missing observations are not filled from another geography.
Recent-lease rent$1,5042026-07 · -1.1% year over year
Rental vacancyn/an/a
Time on marketn/an/a
FIPS 26161 · population 369,822 · part of Ann Arbor, MI
The latest county-level Zillow ZORI is $2,045 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 | $1,365 | Washtenaw County, MI | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 1 bedroom | $1,387 | Washtenaw County, MI | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 2 bedrooms | $1,656 | Washtenaw County, MI | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 3 bedrooms | $1,986 | Washtenaw County, MI | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 4 bedrooms | $2,193 | Washtenaw 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 26161. 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.
Washtenaw presents a valuation-versus-income tension: the $426,230 median home value sits against $2,045 in monthly median asking rent and a supplied 5.76% gross yield. Buyers seeking current income should investigate unit-level costs before treating that yield as cash flow; buyers relying on appreciation should be cautious because the record does not establish exit pricing or net operating income.
In Zillow’s county series, value growth was 2.43% year over year and asking-rent growth was 1.80%, while FHFA’s annual repeat-transaction HPI registered 4.21% growth. FHFA is an index rather than a home value; its method can corroborate direction but cannot be averaged with Zillow’s different observation. HUD’s $1,656 two-bedroom FMR is a payment standard, not market rent. The 1.52% effective tax rate and $5,678 median annual tax make carrying costs material against a pre-cost gross yield, although neither figure prices a specific parcel.
Realtor.com’s MLS listing market combines active-listing growth of 10.57% with an 8.62% drop in median asking price, 36 median days on market, and a 13.93% price-reduced share. This is visible supply, seller pricing, marketing time and concessions—not closed-sale pricing or buyer demand on its own. Tax-return migration was negative 1,993 households, yet average income of movers in exceeded movers out by $6,903; that mix does not establish renter or buyer depth. Investor purchase mortgages were 7.28% of purchases, showing participation rather than the investor-owned stock. QCEW identifies Education and health services as the largest disclosed private supersector, but it measures annual covered jobs at county workplaces, not resident employment or unemployment.
Inland flood is the dominant hazard, and the modeled annual climate-loss ratio is 0.08% of building value; it should be tested with parcel flood exposure, insurance terms and deductible data rather than converted into a property loss estimate. Missing vacancy, turnover, operating expenses, insurance quotes, debt terms, unit-level assessments and closed-sale comparables prevent net-yield, debt-service and resale underwriting. Next checks should also verify lease rents, condition and the tax bill for the target asset.
This view uses 9 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.
Across the selected direct-ZORI ZIP/ZCTA matches assigned to Washtenaw County, Zillow’s June 2026 typical observed asking-rent index runs from $1,420 in ZIP 48197 to $2,266 in ZIP 48104, a $846 spread; the selected-set median is $1,908. The county Zillow index is $2,045, confirming that a county figure alone does not settle a renter’s target. The decision question is whether the current asking-rent level for a chosen search area fits the household’s budget and search tolerance, rather than treating the selected set as one price tier. It covers 55,630 renter households, but remains focused direct evidence rather than a complete inventory.
The rent measures should remain separate. Zillow ZORI reflects a typical observed asking-rent index, while ACS 2024 five-year ZCTA median gross rent is a survey estimate: its selected-area range is $1,132 to $1,810. HUD’s FY2026 two-bedroom FMR is an administrative standard, not an asking rent; it is $1,656 for most shown matches and $1,340 in ZIP 48198. The Zillow-to-HUD comparison is therefore only a screening reference: at the low and high ZORI endpoints it is 86% and 137%, respectively, not a statement about a unit’s rent or program eligibility.
Affordability pressure and vacancy do not line up as a single ranking. In those ACS estimates, the share of renter households spending at least 30% of income on rent ranges from 25.2% to 66.8%, versus 56.1% countywide. For the highest-ZORI endpoint, the packet’s 30%-of-income screen is $90,640 a year, above the area’s $64,231 median household income; this is a contextual comparison, not an affordability finding for any particular household or property. The selected ZCTA vacancy-rate range is 2.5% to 9.2%, compared with 5.8% countywide. A higher survey vacancy rate can justify checking current availability, but does not demonstrate more affordable listings or explain the burden measure.
Geographic and coverage limits are material. Census ZCTAs are statistical areas rather than USPS delivery ZIPs, and ZIPs can cross county lines; this packet displays each ZIP with the county holding the largest HUD residential-address share. The selected direct-evidence set is not an exhaustive county or local-area inventory, so unshown places and properties cannot be characterized from it. Before acting, verify the exact property address and county side, bedroom count, active quoted rent, utility treatment, lease term, availability, and any income or program rules. Use the relevant bedroom-specific HUD standard only for its administrative purpose, alongside—not blended with—current Zillow and ACS measures. Confirm these details directly with the provider before using any index or survey estimate to narrow the search.
All 9 eligible direct-evidence ZIP profiles are shown.
| ZIP / ZCTA | Zillow asking rent | ACS gross rent | HUD 2BR | Burden 30%+ | Vacancy | Income screen | HUD county share |
|---|---|---|---|---|---|---|---|
| 48197 → | $1,420 | $1,245 | $1,656 | 51.8% | 5.5% | $57k | 100.0% |
| 48104 | $2,266 | $1,639 | $1,656 | 66.8% | 9.2% | $91k | 100.0% |
| 48103 | $2,087 | $1,810 | $1,656 | 45.4% | 5.2% | $83k | 100.0% |
| 48105 | $2,240 | $1,713 | $1,656 | 51.0% | 7.7% | $90k | 100.0% |
| 48198 | $1,604 | $1,276 | $1,340 | 51.3% | 5.0% | $64k | 100.0% |
| 48108 | $1,887 | $1,394 | $1,656 | 51.7% | 3.5% | $75k | 100.0% |
| 48176 | $1,908 | $1,132 | $1,656 | 42.8% | 4.7% | $76k | 99.9% |
| 48189 | $1,635 | $1,246 | $1,656 | 25.2% | 4.5% | $65k | 59.8% |
| 48130 | $2,000 | $1,783 | $1,656 | 41.9% | 2.5% | $80k | 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 48104 rental reportWashtenaw County | Ann Arbor, MI | $2,266 | ▲ 0.7% | 66.8% | 43,979 |
| ZIP 48105 rental reportWashtenaw County | Ann Arbor, MI | $2,240 | ▼ 0.3% | 51.0% | 37,048 |
| ZIP 48103 rental reportWashtenaw County | Ann Arbor, MI | $2,087 | ▲ 2.3% | 45.4% | 55,054 |
| ZIP 48197 rental reportWashtenaw County | Ypsilanti, MI | $1,420 | ▲ 4.9% | 51.8% | 66,525 |
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.
0.084% of building value expected lost per year
$5,678 median annual bill
11,341 in · 13,334 out
$85,116 arriving · $78,213 leaving
239 of 3,281 mortgages
Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.
No. It is annual market rent before property taxes and other operating costs.
No. The record identifies it as a two-bedroom payment standard, not market rent.
No. They are MLS listing-market measures covering asking prices, visible supply, marketing time and price reductions.