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Flint city, MI

ZIP 48505 — 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 48505

Median Home Value
$28,300
Median Rent
$487
Affordability Snapshot
$8,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$182/mo PITI).

19%
Rent-to-Income Ratio

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

0.9x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

4.8 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 48505 in Flint city, MI, a household would need roughly $8,000 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 $182. That sits below the local median household income ($31,477), 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 30% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
49.7%-24% vs US avg
x
Vacancy Rate
30.3%+194% vs US avg
x
Broadband Access
71.4%-18% vs US avg
x
4+ Bedrooms
1.8%-88% vs US avg
x
Built Pre-1939
7.5%-42% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
24.8%-50% vs US avg
x
Mortgage-Free
77.5%+103% vs US avg
x
$28,300
Home Value
$487
Rent
1956
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 detached82.5%
  • 1-unit attached6.9%
  • 2-9 units6.2%
  • 10+ units2.2%
  • Mobile home & other2.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$28,300
Median rent$487
Owner-occupied49.7%
Vacant30.3%
Price-to-income0.9x
Est. income to buy$8,000