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Romeo village, MI

ZIP 48065 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 48065

Median Home Value
$341,000
Median Rent
$937
Affordability Snapshot
$94,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,190/mo PITI).

11%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.3x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

30.3 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 48065 in Romeo village, MI, a household would need roughly $94,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,190. That is roughly in line with the local median household income ($104,348). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
82.2%+26% vs US avg
x
Vacancy Rate
2.1%-80% vs US avg
x
Broadband Access
94.4%+8% vs US avg
x
4+ Bedrooms
3.8%-74% vs US avg
x
Built Pre-1939
6.4%-50% vs US avg
x
Built Post-2014
2.9%-58% vs US avg
x
Rent Burden >30%
12.0%-76% vs US avg
x
Mortgage-Free
36.6%-4% vs US avg
x
$341,000
Home Value
$937
Rent
1982
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached75.3%
  • 1-unit attached6.0%
  • 2-9 units7.8%
  • 10+ units3.6%
  • Mobile home & other7.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$341,000
Median rent$937
Owner-occupied82.2%
Vacant2.1%
Price-to-income3.3x
Est. income to buy$94,000