Housing market/Michigan/ZIP 48168

ACS 2023 · FY2027 SAFMR

ZIP 48168 Northville, 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
25,039
Households
8,955
Median HH income
$173,671
Renter share
8.8%
Median gross rent
$2,248
Vacancy
3.5%
Pop. change
+12.1%
2BR SAFMR
$2,220
SAFMR / rent
0.988×
2–49 unit stock
810
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 48168 · MI — sent to you.

ZIP 48168 · MI

ACS median rent$2,248
2BR SAFMR$2,220
90% floor$1,998
110% ceiling$2,442

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

Housing stock

ACS 2023 units-in-structure · ZCTA 48168

  • 1-unit detached6,67772.0%
  • 1-unit attached1,74918.9%
  • 2–4 units4484.8%
  • 5–49 units3623.9%
  • 50+ units310.3%
  • Mobile100.1%
TypeUnitsShare
1-unit detached6,67772.0%
1-unit attached1,74918.9%
2 units (duplex)2182.3%
3–4 units2302.5%
5–9 units1671.8%
10–19 units1832.0%
20–49 units120.1%
50+ units310.3%
Mobile100.1%

2–4 unit share 4.8% · 5–49 unit share 3.9% · combined 2–49 8.7%.

Units by bedrooms

Studio
16
1BR
185
2BR
1,581
3BR
2,218
4BR
4,354
5+
923

Rent burden

Rent ≥30% of income35.0%
Rent ≥50% of income24.0%
  • ACS median gross rent $2,248 (all bedrooms, occupied rentals).
  • Median contract rent $1,873.
  • Renters paying ≥30% of income 35.0%; ≥50% 24.0%.
  • FY2027 2BR SAFMR $2,220 (0.988× ACS median gross rent).

Population

25,039 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +12.1%.

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: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 2,012 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 48168 8.8% of occupied households are renters; vacancy is 3.5%; ACS median gross rent is $2,248; population increased +12.1% between the 2018 and 2023 ACS vintages; the housing stock includes 448 units in 2–4-unit structures and 362 units in 5–49-unit structures; FY2027 2BR SAFMR is $2,220 versus ACS median gross rent of $2,248. 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 48168 is a Census / HUD profile for Detroit-Warren-Livonia, MI. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

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 48168?

ZIP 48168 (Detroit-Warren-Livonia, MI HUD Metro FMR Area) has 25,039 residents, 8,955 households, a renter share of 8.8%, median household income of $173,671, and ACS 2023 median gross rent of $2,248. Vacancy is 3.5%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 48168?

ACS counts 218 units in 2-unit buildings, 230 in 3–4 unit buildings, 167 in 5–9, 183 in 10–19, and 12 in 20–49. Combined 2–49 unit stock is 810 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 48168?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,220. See the full schedule and 90–110% payment-standard band on the ZIP 48168 — Northville, MI HUD Section 8 Payment Standards / SAFMR.

Does this Michigan ZIP profile include Georgia listings?

No. ZIP 48168 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.