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Pleasant Ridge city, MI

ZIP 48069 — Housing & Real Estate

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

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Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 48069

Median Home Value
$435,500
Median Rent
$1,721
Affordability Snapshot
$120,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,798/mo PITI).

13%
Rent-to-Income Ratio

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

2.7x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

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 48069 in Pleasant Ridge city, MI, a household would need roughly $120,000 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 $2,798. That sits below the local median household income ($161,058), 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

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
95.4%+46% vs US avg
x
Vacancy Rate
2.3%-77% vs US avg
x
Broadband Access
98.9%+14% vs US avg
x
4+ Bedrooms
8.7%-41% vs US avg
x
Built Pre-1939
9.7%-24% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
0.0%
x
Mortgage-Free
26.9%-30% vs US avg
x
$435,500
Home Value
$1,721
Rent
1938
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 detached96.6%
  • 1-unit attached0.8%
  • 2-9 units1.7%
  • 10+ units0.8%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$435,500
Median rent$1,721
Owner-occupied95.4%
Vacant2.3%
Price-to-income2.7x
Est. income to buy$120,000