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Durand city, MI

ZIP 48429 — 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 48429

Median Home Value
$151,600
Median Rent
$675
Affordability Snapshot
$42,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$974/mo PITI).

13%
Rent-to-Income Ratio

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

2.5x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

18.7 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 48429 in Durand city, MI, a household would need roughly $42,000 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 $974. That sits below the local median household income ($60,070), 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 11% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
83.3%+27% vs US avg
x
Vacancy Rate
10.9%+5% vs US avg
x
Broadband Access
85.3%-2% vs US avg
x
4+ Bedrooms
1.3%-91% vs US avg
x
Built Pre-1939
8.8%-31% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
32.3%-35% vs US avg
x
Mortgage-Free
43.2%+13% vs US avg
x
$151,600
Home Value
$675
Rent
1970
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

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

  • 1-unit detached70.4%
  • 1-unit attached0.0%
  • 2-9 units4.3%
  • 10+ units6.7%
  • Mobile home & other18.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$151,600
Median rent$675
Owner-occupied83.3%
Vacant10.9%
Price-to-income2.5x
Est. income to buy$42,000