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Detroit city, MI

ZIP 48221 — Housing & Real Estate

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

Working ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 48221

Median Home Value
$138,700
Median Rent
$852
Affordability Snapshot
$38,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$891/mo PITI).

18%
Rent-to-Income Ratio

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

2.5x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

13.6 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 48221 in Detroit city, MI, a household would need roughly $38,000 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 $891. That sits below the local median household income ($55,583), 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

Historic housing stock (26% built before 1939)

Owner Occupied
65.0%-1% vs US avg
x
Vacancy Rate
11.3%+10% vs US avg
x
Broadband Access
86.6%-0% vs US avg
x
4+ Bedrooms
7.5%-49% vs US avg
x
Built Pre-1939
25.5%+100% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
35.4%-29% vs US avg
x
Mortgage-Free
50.9%+33% vs US avg
x
$138,700
Home Value
$852
Rent
1945
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 detached78.3%
  • 1-unit attached7.1%
  • 2-9 units9.9%
  • 10+ units4.4%
  • Mobile home & other0.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$138,700
Median rent$852
Owner-occupied65.0%
Vacant11.3%
Price-to-income2.5x
Est. income to buy$38,000