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Flint city, MI

ZIP 48506 — 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 48506

Median Home Value
$91,200
Median Rent
$627
Affordability Snapshot
$25,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$586/mo PITI).

17%
Rent-to-Income Ratio

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

2.1x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

12.1 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 48506 in Flint city, MI, a household would need roughly $25,000 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 $586. That sits below the local median household income ($44,416), 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
70.2%+7% vs US avg
x
Vacancy Rate
11.2%+8% vs US avg
x
Broadband Access
85.4%-2% vs US avg
x
4+ Bedrooms
1.8%-88% vs US avg
x
Built Pre-1939
11.2%-12% vs US avg
x
Built Post-2014
1.3%-81% vs US avg
x
Rent Burden >30%
28.2%-43% vs US avg
x
Mortgage-Free
55.9%+46% vs US avg
x
$91,200
Home Value
$627
Rent
1958
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

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

  • 1-unit detached85.1%
  • 1-unit attached1.8%
  • 2-9 units2.8%
  • 10+ units2.5%
  • Mobile home & other7.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$91,200
Median rent$627
Owner-occupied70.2%
Vacant11.2%
Price-to-income2.1x
Est. income to buy$25,000