Rent by ZIP code in Saginaw
| ZIP code | County | Typical rent | vs city median |
|---|---|---|---|
| 48607 | Saginaw County | $1,160 | +2% |
| 48603 | Saginaw County | $1,142 | +1% |
| 48601 | Saginaw County | $1,124 | -1% |
| 48602 | Saginaw County | $1,085 | -4% |
Rent by bedroom count in Saginaw
Zillow's index above blends every unit size into one number. For a bedroom level view, these are HUD's FY2027 Fair Market Rents for Saginaw County. They include utilities and sit near the 40th percentile of the market, so treat them as the low side of what a typical unit lists for.
| Unit size | FY2027 Fair Market Rent | Change from FY2026 |
|---|---|---|
| Studio | $795 | +3.2% |
| 1 bedroom | $893 | +4.9% |
| 2 bedroom | $1,141 | +2.1% |
| 3 bedroom | $1,466 | +1.8% |
| 4 bedroom | $1,500 | +1.4% |
Source: HUD Fair Market Rents. Updates when HUD publishes a new fiscal year.
Is rent going up or down in Saginaw?
Typical rent across Saginaw County is $1,076 as of August 2026. That is up 8.9% from a year earlier and up 38.5% over five years.
| Year | Typical rent, Saginaw County | Change |
|---|---|---|
| 2021 | $796 | |
| 2022 | $865 | +8.5% |
| 2023 | $911 | +5.4% |
| 2024 | $961 | +5.5% |
| 2025 | $987 | +2.7% |
| 2026 (through August) | $1,076 | +9.0% |
Zillow Observed Rent Index for the county, all home types, last published month of each year. Each row is compared with the end of the year before it.
Saginaw rent questions
- What is the average rent in Saginaw, MI?
- Typical asking rent in Saginaw is $1,133 a month as of June 2026, across 4 ZIP codes. By ZIP code it runs from $1,085 to $1,160.
- How much is rent for a 2 bedroom in Saginaw?
- HUD's FY2027 Fair Market Rent for a two bedroom in Saginaw County is $1,141 a month including utilities. A one bedroom is $893 and a three bedroom is $1,466. Fair Market Rent is set near the 40th percentile, so a typical unit lists somewhat higher.
- Is rent going up or down in Saginaw?
- Rent is rising. Typical rent in Saginaw County is $1,076 as of August 2026, up 8.9% from a year earlier.
- What is the cheapest ZIP code to rent in Saginaw?
- ZIP 48602 has the lowest typical asking rent in Saginaw at $1,085 a month, compared with $1,133 for the city overall.
- How much income do you need to rent in Saginaw?
- Most landlords look for gross income of about three times the rent. At the typical Saginaw rent of $1,133, that is about $3,399 a month, or $40,788 a year. This is a common screening rule of thumb, and individual landlords set their own.
How to use these numbers
These are Zillow Observed Rent Index values, a smoothed measure of typical asking rent for single family homes, condos, and apartments in each ZIP code. They describe what units are listed for, not what any specific unit will get. Condition, bedroom count, and the exact block all move the number.
If you are underwriting a purchase, use the ZIP figure rather than the city median, and then verify against live listings for the same bedroom count before you commit. Saginaw sits in the Saginaw, MI metro area.