Most Affordable ZIP Codes in Detroit-Warren-Dearborn, MI (2026)

The lowest entry prices that still hold a decent investability rating — cheap is only useful if the market underneath it is sound.

# ZIP City Home value Rent Cap rate 5-yr growth
1 48238 1% rule Detroit, MI $53,036 $1,202 17.68% 0.3%
2 48234 1% rule Detroit, MI $53,734 $1,229 17.84% 1.8%
3 48204 1% rule Detroit, MI $55,537 $1,140 16.01% 3.1%
4 48217 1% rule Detroit, MI $56,970 $1,233 16.88% 3.6%
5 48211 1% rule Detroit, MI $57,774 $1,053 14.22% 2.6%
6 48203 1% rule Detroit, MI $59,426 $1,270 16.67% -2.6%
7 48228 1% rule Detroit, MI $67,605 $1,252 14.45% 4.2%
8 48227 1% rule Detroit, MI $68,254 $1,361 15.55% 3.6%
9 48210 1% rule Detroit, MI $69,145 $1,044 11.78% 0.9%
10 48229 1% rule Ecorse, MI $80,746 $1,035 10.00% 6.0%
11 48224 1% rule Detroit, MI $82,380 $1,356 12.84% 2.9%
12 48218 1% rule River Rouge, MI $83,079 $954 8.96% 6.4%
13 48223 1% rule Detroit, MI $87,028 $1,082 9.69% 0.3%
14 48206 1% rule Detroit, MI $87,696 $1,239 11.02% 1.6%
15 48219 1% rule Detroit, MI $89,644 $1,338 11.64% 4.4%
16 48209 Detroit, MI $92,071 $913 7.74% -0.5%
17 48214 1% rule Detroit, MI $92,319 $1,100 9.30% -4.1%
18 48760 1% rule Silverwood, MI $92,571 $972 8.19% -10.9%
19 48235 1% rule Detroit, MI $93,938 $1,316 10.93% 3.3%
20 48215 1% rule Detroit, MI $95,305 $1,325 10.84% 0.0%
21 48141 1% rule Inkster, MI $110,201 $1,268 8.98% 7.3%
22 48212 Hamtramck, MI $124,761 $1,172 7.33% 2.7%
23 48342 1% rule Pontiac, MI $129,884 $1,342 8.06% 7.2%
24 48208 1% rule Detroit, MI $130,617 $1,429 8.53% -1.9%
25 48089 Warren, MI $130,872 $1,308 7.79% 4.6%

Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →

Same metro, different strategy

Cash Flow in Detroit-Warren-Dearborn, MI  ·  Appreciation in Detroit-Warren-Dearborn, MI  ·  1% Rule in Detroit-Warren-Dearborn, MI

Or see the full Detroit-Warren-Dearborn, MI metro profile.