Average Rent in Dearborn, MI (2026)

Typical asking rent in Dearborn is $1,702. Across the 3 ZIP codes with data it runs from $1,510 to $1,736, so which side of town you buy on matters as much as the city average. Data as of June 2026.

Median rent
$1,702
Average rent
$1,649
Lowest ZIP
$1,510
Highest ZIP
$1,736

Rent by ZIP code in Dearborn

ZIP codeCountyTypical rentvs city median
48126Wayne County$1,736+2%
48124Wayne County$1,7020%
48120Wayne County$1,510-11%

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. Dearborn sits in the Detroit-Warren-Dearborn, MI metro area.

Other Michigan cities

Would a rental in Dearborn cash flow?

Start the analyzer with the Dearborn median rent of $1,702 and add a real purchase price to see cash flow, cap rate, and cash-on-cash return.