US5.com
  1. Home
  2. States
  3. Michigan
  4. ZIP 48307
  5. Housing & Real Estate
Rochester Hills city, MI

ZIP 48307 — 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 48307

Median Home Value
$329,400
Median Rent
$1,299
Affordability Snapshot
$91,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,116/mo PITI).

15%
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.

21.1 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 48307 in Rochester Hills city, MI, a household would need roughly $91,000 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 $2,116. That sits below the local median household income ($105,118), 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
67.7%+4% vs US avg
x
Vacancy Rate
5.4%-48% vs US avg
x
Broadband Access
94.9%+9% vs US avg
x
4+ Bedrooms
2.5%-83% vs US avg
x
Built Pre-1939
2.6%-79% vs US avg
x
Built Post-2014
0.4%-95% vs US avg
x
Rent Burden >30%
16.4%-67% vs US avg
x
Mortgage-Free
40.7%+6% vs US avg
x
$329,400
Home Value
$1,299
Rent
1984
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

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

  • 1-unit detached52.7%
  • 1-unit attached12.7%
  • 2-9 units18.0%
  • 10+ units12.3%
  • Mobile home & other4.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$329,400
Median rent$1,299
Owner-occupied67.7%
Vacant5.4%
Price-to-income3.1x
Est. income to buy$91,000