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Detroit city, MI

ZIP 48228 — Housing & Real Estate

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

Low Income AreaLarge CommunityLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 48228

Median Home Value
$55,100
Median Rent
$806
Affordability Snapshot
$15,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$354/mo PITI).

31%
Rent-to-Income Ratio

Above the 30% affordability threshold — housing cost-burdened area.

1.8x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

5.7 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 48228 in Detroit city, MI, a household would need roughly $15,000 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 $354. That sits below the local median household income ($31,485), 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

Vacancy rate 16% — check local market conditions.

Heating Fuel
Housing Metrics

Historic housing stock (30% built before 1939)

Owner Occupied
49.7%-24% vs US avg
x
Vacancy Rate
16.1%+56% vs US avg
x
Broadband Access
85.5%-2% vs US avg
x
4+ Bedrooms
1.1%-93% vs US avg
x
Built Pre-1939
29.6%+131% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
38.4%-23% vs US avg
x
Mortgage-Free
74.8%+96% vs US avg
x
$55,100
Home Value
$806
Rent
1951
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

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

  • 1-unit detached79.6%
  • 1-unit attached3.7%
  • 2-9 units7.9%
  • 10+ units8.2%
  • Mobile home & other0.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$55,100
Median rent$806
Owner-occupied49.7%
Vacant16.1%
Price-to-income1.8x
Est. income to buy$15,000