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Allen Park city, MI

ZIP 48101 — 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 48101

Median Home Value
$174,500
Median Rent
$981
Affordability Snapshot
$48,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,121/mo PITI).

15%
Rent-to-Income Ratio

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

2.2x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

14.8 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 48101 in Allen Park city, MI, a household would need roughly $48,000 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 $1,121. That sits below the local median household income ($80,045), 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
86.2%+32% vs US avg
x
Vacancy Rate
4.8%-54% vs US avg
x
Broadband Access
91.0%+5% vs US avg
x
4+ Bedrooms
1.2%-92% vs US avg
x
Built Pre-1939
16.5%+29% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
14.9%-70% vs US avg
x
Mortgage-Free
40.3%+5% vs US avg
x
$174,500
Home Value
$981
Rent
1955
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

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

  • 1-unit detached91.4%
  • 1-unit attached1.8%
  • 2-9 units4.2%
  • 10+ units2.6%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$174,500
Median rent$981
Owner-occupied86.2%
Vacant4.8%
Price-to-income2.2x
Est. income to buy$48,000