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Housing market/Michigan/ZIP 48207

ACS 2023 · FY2027 SAFMR

ZIP 48207 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
20,068
Households
11,277
Median HH income
$44,561
Renter share
74.2%
Median gross rent
$1,040
Vacancy
13.4%
Pop. change
-5.5%
2BR SAFMR
$1,380
SAFMR / rent
1.327×
2–49 unit stock
4,289
LIHTC proj / units
27 / 3,420
HUD assisted MF
9 / 1,446

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 48207 · MI — sent to you.

ZIP 48207 · MI

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ACS rent vs 2BR SAFMR

ZIP 48207 — Detroit, MI HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,040
2BR SAFMR$1,380
90% floor$1,242
110% ceiling$1,518

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

Housing stock

ACS 2023 units-in-structure · ZCTA 48207

  • 1-unit detached1,2919.9%
  • 1-unit attached2,15316.5%
  • 2–4 units1,39910.7%
  • 5–49 units2,89022.2%
  • 50+ units5,29340.6%
TypeUnitsShare
1-unit detached1,2919.9%
1-unit attached2,15316.5%
2 units (duplex)7435.7%
3–4 units6565.0%
5–9 units1,0307.9%
10–19 units1,0187.8%
20–49 units8426.5%
50+ units5,29340.6%
Mobile00.0%

2–4 unit share 10.7% · 5–49 unit share 22.2% · combined 2–49 32.9%.

Units by bedrooms

Studio
1,086
1BR
4,354
2BR
4,761
3BR
1,957
4BR
635
5+
233

Rent burden

Rent ≥30% of income49.6%
Rent ≥50% of income23.5%
  • ACS median gross rent $1,040 (all bedrooms, occupied rentals).
  • Median contract rent $915.
  • Renters paying ≥30% of income 49.6%; ≥50% 23.5%.
  • FY2027 2BR SAFMR $1,380 (1.327× ACS median gross rent).

Population

20,068 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -5.5%.

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

Assisted inventory

  • LIHTC: 27 projects, 3,420 units.
  • HUD project-based assisted MF: 9 properties, 1,446 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 48207 74.2% of occupied households are renters; vacancy is 13.4%; ACS median gross rent is $1,040; population changed -5.5% between the 2018 and 2023 ACS vintages; the housing stock includes 1,399 units in 2–4-unit structures and 2,890 units in 5–49-unit structures; 27 LIHTC projects totaling 3,420 units; FY2027 2BR SAFMR is $1,380 versus ACS median gross rent of $1,040. 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 48207 is a Census / HUD profile for Detroit-Warren-Livonia, MI. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 48207 — 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 48207?

ZIP 48207 (Detroit-Warren-Livonia, MI HUD Metro FMR Area) has 20,068 residents, 11,277 households, a renter share of 74.2%, median household income of $44,561, and ACS 2023 median gross rent of $1,040. Vacancy is 13.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 48207?

ACS counts 743 units in 2-unit buildings, 656 in 3–4 unit buildings, 1,030 in 5–9, 1,018 in 10–19, and 842 in 20–49. Combined 2–49 unit stock is 4,289 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 48207?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,380. See the full schedule and 90–110% payment-standard band on the ZIP 48207 — Detroit, MI HUD Section 8 Payment Standards / SAFMR.

Does this Michigan ZIP profile include Georgia listings?

No. ZIP 48207 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.