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River Rouge city, MI

ZIP 48218 — Housing & Real Estate

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

Low Income AreaLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 48218

Median Home Value
$56,100
Median Rent
$538
Affordability Snapshot
$15,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$360/mo PITI).

20%
Rent-to-Income Ratio

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

1.7x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

8.7 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 48218 in River Rouge city, MI, a household would need roughly $15,000 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 $360. That sits below the local median household income ($32,683), 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
52.9%-19% vs US avg
x
Vacancy Rate
11.2%+9% vs US avg
x
Broadband Access
72.9%-16% vs US avg
x
4+ Bedrooms
4.6%-69% vs US avg
x
Built Pre-1939
14.5%+13% vs US avg
x
Built Post-2014
0.1%-98% vs US avg
x
Rent Burden >30%
40.2%-19% vs US avg
x
Mortgage-Free
69.8%+83% vs US avg
x
$56,100
Home Value
$538
Rent
1944
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 detached60.9%
  • 1-unit attached5.1%
  • 2-9 units27.2%
  • 10+ units6.1%
  • Mobile home & other0.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$56,100
Median rent$538
Owner-occupied52.9%
Vacant11.2%
Price-to-income1.7x
Est. income to buy$15,000