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Housing market/Michigan/ZIP 48201

ACS 2023 · FY2027 SAFMR

ZIP 48201 Detroit, 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
14,327
Households
7,873
Median HH income
$24,392
Renter share
88.7%
Median gross rent
$841
Vacancy
20.5%
Pop. change
-10.2%
2BR SAFMR
$1,340
SAFMR / rent
1.593×
2–49 unit stock
3,891
LIHTC proj / units
41 / 3,794
HUD assisted MF
12 / 1,558

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 48201 · MI — sent to you.

ZIP 48201 · MI

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ACS rent vs 2BR SAFMR

ZIP 48201 — Detroit, MI HUD Section 8 Payment Standards / SAFMR →
ACS median rent$841
2BR SAFMR$1,340
90% floor$1,206
110% ceiling$1,474

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

Housing stock

ACS 2023 units-in-structure · ZCTA 48201

  • 1-unit detached5415.5%
  • 1-unit attached1,25412.7%
  • 2–4 units6046.1%
  • 5–49 units3,28733.2%
  • 50+ units4,20042.4%
  • Mobile140.1%
TypeUnitsShare
1-unit detached5415.5%
1-unit attached1,25412.7%
2 units (duplex)1381.4%
3–4 units4664.7%
5–9 units8438.5%
10–19 units1,01010.2%
20–49 units1,43414.5%
50+ units4,20042.4%
Mobile140.1%

2–4 unit share 6.1% · 5–49 unit share 33.2% · combined 2–49 39.3%.

Units by bedrooms

Studio
1,247
1BR
4,146
2BR
3,322
3BR
986
4BR
130
5+
69

Rent burden

Rent ≥30% of income50.4%
Rent ≥50% of income24.3%
  • ACS median gross rent $841 (all bedrooms, occupied rentals).
  • Median contract rent $727.
  • Renters paying ≥30% of income 50.4%; ≥50% 24.3%.
  • FY2027 2BR SAFMR $1,340 (1.593× ACS median gross rent).

Population

14,327 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -10.2%.

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

Assisted inventory

  • LIHTC: 41 projects, 3,794 units.
  • HUD project-based assisted MF: 12 properties, 1,558 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 2,114 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 48201 88.7% of occupied households are renters; vacancy is 20.5%; ACS median gross rent is $841; population changed -10.2% between the 2018 and 2023 ACS vintages; the housing stock includes 604 units in 2–4-unit structures and 3,287 units in 5–49-unit structures; 41 LIHTC projects totaling 3,794 units; FY2027 2BR SAFMR is $1,340 versus ACS median gross rent of $841. 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 48201 is a Census / HUD profile for Detroit-Warren-Livonia, MI. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 48201 — Detroit, 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 48201?

ZIP 48201 (Detroit-Warren-Livonia, MI HUD Metro FMR Area) has 14,327 residents, 7,873 households, a renter share of 88.7%, median household income of $24,392, and ACS 2023 median gross rent of $841. Vacancy is 20.5%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 48201?

ACS counts 138 units in 2-unit buildings, 466 in 3–4 unit buildings, 843 in 5–9, 1,010 in 10–19, and 1,434 in 20–49. Combined 2–49 unit stock is 3,891 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 48201?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,340. See the full schedule and 90–110% payment-standard band on the ZIP 48201 — Detroit, MI HUD Section 8 Payment Standards / SAFMR.

Does this Michigan ZIP profile include Georgia listings?

No. ZIP 48201 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.