JeffCroweCRE

Housing market/Michigan/ZIP 48348

ACS 2023 · FY2027 SAFMR

ZIP 48348 Clarkston, 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
24,892
Households
8,898
Median HH income
$131,586
Renter share
7.1%
Median gross rent
$1,231
Vacancy
2.8%
Pop. change
+2.6%
2BR SAFMR
$1,450
SAFMR / rent
1.178×
2–49 unit stock
440
LIHTC proj / units
—
HUD assisted MF
1 / 6

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 48348 · MI — sent to you.

ZIP 48348 · MI

By checking this box you agree that you may be referred to another real estate broker or related service and acknowledge that CENTURY 21 The Avenues licensees and/or affiliates may be paid a valuable consideration for facilitating such referral.

ACS rent vs 2BR SAFMR

ZIP 48348 — Clarkston, MI HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,231
2BR SAFMR$1,450
90% floor$1,305
110% ceiling$1,595

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

Housing stock

ACS 2023 units-in-structure · ZCTA 48348

  • 1-unit detached7,71584.3%
  • 1-unit attached4354.8%
  • 2–4 units1211.3%
  • 5–49 units3193.5%
  • Mobile5616.1%
TypeUnitsShare
1-unit detached7,71584.3%
1-unit attached4354.8%
2 units (duplex)00.0%
3–4 units1211.3%
5–9 units971.1%
10–19 units2032.2%
20–49 units190.2%
50+ units00.0%
Mobile5616.1%

2–4 unit share 1.3% · 5–49 unit share 3.5% · combined 2–49 4.8%.

Units by bedrooms

Studio
12
1BR
255
2BR
657
3BR
4,260
4BR
3,243
5+
724

Rent burden

Rent ≥30% of income57.6%
Rent ≥50% of income19.1%
  • ACS median gross rent $1,231 (all bedrooms, occupied rentals).
  • Median contract rent $992.
  • Renters paying ≥30% of income 57.6%; ≥50% 19.1%.
  • FY2027 2BR SAFMR $1,450 (1.178× ACS median gross rent).

Population

24,892 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +2.6%.

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: 1 properties, 6 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 48348 7.1% of occupied households are renters; vacancy is 2.8%; ACS median gross rent is $1,231; population increased +2.6% between the 2018 and 2023 ACS vintages; the housing stock includes 121 units in 2–4-unit structures and 319 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,450 versus ACS median gross rent of $1,231. 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 48348 is a Census / HUD profile for Detroit-Warren-Livonia, MI. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 48348 — Clarkston, 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 48348?

ZIP 48348 (Detroit-Warren-Livonia, MI HUD Metro FMR Area) has 24,892 residents, 8,898 households, a renter share of 7.1%, median household income of $131,586, and ACS 2023 median gross rent of $1,231. Vacancy is 2.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 48348?

ACS counts 0 units in 2-unit buildings, 121 in 3–4 unit buildings, 97 in 5–9, 203 in 10–19, and 19 in 20–49. Combined 2–49 unit stock is 440 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 48348?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,450. See the full schedule and 90–110% payment-standard band on the ZIP 48348 — Clarkston, MI HUD Section 8 Payment Standards / SAFMR.

Does this Michigan ZIP profile include Georgia listings?

No. ZIP 48348 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.