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Brighton city, MI

ZIP 48116 — Housing & Real Estate

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

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 48116

Median Home Value
$355,800
Median Rent
$1,113
Affordability Snapshot
$98,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,286/mo PITI).

12%
Rent-to-Income Ratio

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

3.2x
Home Price-to-Income Ratio

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

26.6 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 48116 in Brighton city, MI, a household would need roughly $98,000 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 $2,286. That sits below the local median household income ($109,606), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
85.7%+31% vs US avg
x
Vacancy Rate
5.7%-45% vs US avg
x
Broadband Access
92.2%+6% vs US avg
x
4+ Bedrooms
4.5%-69% vs US avg
x
Built Pre-1939
3.6%-72% vs US avg
x
Built Post-2014
1.9%-72% vs US avg
x
Rent Burden >30%
25.4%-49% vs US avg
x
Mortgage-Free
32.1%-16% vs US avg
x
$355,800
Home Value
$1,113
Rent
1985
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 detached75.5%
  • 1-unit attached9.1%
  • 2-9 units6.2%
  • 10+ units8.9%
  • Mobile home & other0.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$355,800
Median rent$1,113
Owner-occupied85.7%
Vacant5.7%
Price-to-income3.2x
Est. income to buy$98,000