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Manchester village, MI

ZIP 48158 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 48158

Median Home Value
$298,100
Median Rent
$739
Affordability Snapshot
$82,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,915/mo PITI).

9%
Rent-to-Income Ratio

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

3.1x
Home Price-to-Income Ratio

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

33.6 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 48158 in Manchester village, MI, a household would need roughly $82,000 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 $1,915. That sits below the local median household income ($97,692), 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
88.5%+35% vs US avg
x
Vacancy Rate
7.1%-31% vs US avg
x
Broadband Access
89.8%+3% vs US avg
x
4+ Bedrooms
4.7%-69% vs US avg
x
Built Pre-1939
3.5%-72% vs US avg
x
Built Post-2014
0.3%-95% vs US avg
x
Rent Burden >30%
18.3%-63% vs US avg
x
Mortgage-Free
37.1%-3% vs US avg
x
$298,100
Home Value
$739
Rent
1977
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

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

  • 1-unit detached86.4%
  • 1-unit attached1.4%
  • 2-9 units5.4%
  • 10+ units2.3%
  • Mobile home & other4.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$298,100
Median rent$739
Owner-occupied88.5%
Vacant7.1%
Price-to-income3.1x
Est. income to buy$82,000