US5.com
  1. Home
  2. States
  3. Michigan
  4. ZIP 48503
  5. Housing & Real Estate
Flint city, MI

ZIP 48503 — Housing & Real Estate

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

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 48503

Median Home Value
$75,400
Median Rent
$635
Affordability Snapshot
$21,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$484/mo PITI).

19%
Rent-to-Income Ratio

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

1.9x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

9.9 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 48503 in Flint city, MI, a household would need roughly $21,000 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 $484. That sits below the local median household income ($40,155), 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 18% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
50.5%-23% vs US avg
x
Vacancy Rate
18.1%+75% vs US avg
x
Broadband Access
79.7%-8% vs US avg
x
4+ Bedrooms
2.2%-85% vs US avg
x
Built Pre-1939
11.3%-11% vs US avg
x
Built Post-2014
0.3%-96% vs US avg
x
Rent Burden >30%
30.9%-38% vs US avg
x
Mortgage-Free
51.4%+35% vs US avg
x
$75,400
Home Value
$635
Rent
1954
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 detached71.4%
  • 1-unit attached2.9%
  • 2-9 units11.5%
  • 10+ units13.9%
  • Mobile home & other0.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$75,400
Median rent$635
Owner-occupied50.5%
Vacant18.1%
Price-to-income1.9x
Est. income to buy$21,000