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Housing market/Michigan/ZIP 48033

ACS 2023 · FY2027 SAFMR

ZIP 48033 Southfield, Michigan

Detroit-Warren-Livonia, MI HUD Metro FMR Area · Michigan. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
16,900
Households
8,406
Median HH income
$55,599
Renter share
49.4%
Median gross rent
$1,242
Vacancy
8.6%
Pop. change
+2.7%
2BR SAFMR
$1,580
SAFMR / rent
1.272×
2–49 unit stock
3,086
LIHTC proj / units
—
HUD assisted MF
3 / 342

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 48033 · MI — sent to you.

ZIP 48033 · MI

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ACS rent vs 2BR SAFMR

ZIP 48033 — Southfield, MI HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,242
2BR SAFMR$1,580
90% floor$1,422
110% ceiling$1,738

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 48033

  • 1-unit detached4,01143.7%
  • 1-unit attached7227.9%
  • 2–4 units8809.6%
  • 5–49 units2,20624.0%
  • 50+ units1,36514.9%
TypeUnitsShare
1-unit detached4,01143.6%
1-unit attached7227.8%
2 units (duplex)1151.3%
3–4 units7658.3%
5–9 units1,48316.1%
10–19 units4565.0%
20–49 units2672.9%
50+ units1,36514.8%
Mobile00.0%

2–4 unit share 9.6% · 5–49 unit share 24.0% · combined 2–49 33.6%.

Units by bedrooms

Studio
223
1BR
2,242
2BR
2,714
3BR
2,715
4BR
998
5+
306

Rent burden

Rent ≥30% of income54.9%
Rent ≥50% of income35.7%
  • ACS median gross rent $1,242 (all bedrooms, occupied rentals).
  • Median contract rent $1,126.
  • Renters paying ≥30% of income 54.9%; ≥50% 35.7%.
  • FY2027 2BR SAFMR $1,580 (1.272× ACS median gross rent).

Population

16,900 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +2.7%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: 3 properties, 342 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 236 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 48033 49.4% of occupied households are renters; vacancy is 8.6%; ACS median gross rent is $1,242; population increased +2.7% between the 2018 and 2023 ACS vintages; the housing stock includes 880 units in 2–4-unit structures and 2,206 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,580 versus ACS median gross rent of $1,242. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Michigan research

ZIP 48033 is a Census / HUD profile for Detroit-Warren-Livonia, MI. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 48033 — Southfield, MI HUD Section 8 Payment Standards / SAFMR·Michigan ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
48001Detroit-Warren-Livonia, MI HUD Metro FMR Area16.4%$921$1,19048002Detroit-Warren-Livonia, MI HUD Metro FMR Area2.7%$783$1,30048003Detroit-Warren-Livonia, MI HUD Metro FMR Area7.7%$925$1,14048004Detroit-Warren-Livonia, MI HUD Metro FMR Area——$1,27048005Detroit-Warren-Livonia, MI HUD Metro FMR Area7.7%$1,141$1,32048006Detroit-Warren-Livonia, MI HUD Metro FMR Area6.4%$1,077$1,37048009Detroit-Warren-Livonia, MI HUD Metro FMR Area23.8%$1,891$2,19048012Detroit-Warren-Livonia, MI HUD Metro FMR Area——$1,63048014Detroit-Warren-Livonia, MI HUD Metro FMR Area13.8%$827$1,02048015Detroit-Warren-Livonia, MI HUD Metro FMR Area42.6%$627$1,06048017Detroit-Warren-Livonia, MI HUD Metro FMR Area26.5%$1,255$1,51048021Detroit-Warren-Livonia, MI HUD Metro FMR Area31.1%$1,335$1,630

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Michigan research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 48033?

ZIP 48033 (Detroit-Warren-Livonia, MI HUD Metro FMR Area) has 16,900 residents, 8,406 households, a renter share of 49.4%, median household income of $55,599, and ACS 2023 median gross rent of $1,242. Vacancy is 8.6%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 48033?

ACS counts 115 units in 2-unit buildings, 765 in 3–4 unit buildings, 1,483 in 5–9, 456 in 10–19, and 267 in 20–49. Combined 2–49 unit stock is 3,086 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 48033?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,580. See the full schedule and 90–110% payment-standard band on the ZIP 48033 — Southfield, MI HUD Section 8 Payment Standards / SAFMR.

Does this Michigan ZIP profile include Georgia listings?

No. ZIP 48033 is Census / HUD research for Detroit-Warren-Livonia, MI HUD Metro FMR Area. Jeff Crowe CRE does not list Michigan property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.