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Flint city, MI

ZIP 48507 — 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 48507

Median Home Value
$101,200
Median Rent
$677
Affordability Snapshot
$28,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$650/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.

12.5 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 48507 in Flint city, MI, a household would need roughly $28,000 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 $650. That sits below the local median household income ($47,165), 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
57.3%-12% vs US avg
x
Vacancy Rate
10.7%+4% vs US avg
x
Broadband Access
87.4%+0% vs US avg
x
4+ Bedrooms
1.2%-92% vs US avg
x
Built Pre-1939
7.9%-38% vs US avg
x
Built Post-2014
0.5%-93% vs US avg
x
Rent Burden >30%
27.3%-45% vs US avg
x
Mortgage-Free
51.5%+35% vs US avg
x
$101,200
Home Value
$677
Rent
1964
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 detached65.5%
  • 1-unit attached8.7%
  • 2-9 units7.0%
  • 10+ units8.1%
  • Mobile home & other10.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$101,200
Median rent$677
Owner-occupied57.3%
Vacant10.7%
Price-to-income2.1x
Est. income to buy$28,000