Housing market/Michigan/ZIP 48015

ACS 2023 · FY2027 SAFMR

ZIP 48015 Center Line, Michigan

Detroit-Warren-Livonia, MI HUD Metro FMR Area · Michigan. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
8,448
Households
3,702
Median HH income
$52,857
Renter share
42.6%
Median gross rent
$627
Vacancy
2.3%
Pop. change
+1.8%
2BR SAFMR
$1,060
SAFMR / rent
1.691×
2–49 unit stock
648
LIHTC proj / units
2 / 552
HUD assisted MF
3 / 671

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 48015 · MI — sent to you.

ZIP 48015 · MI

ACS median rent$627
2BR SAFMR$1,060
90% floor$954
110% ceiling$1,166

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 48015

  • 1-unit detached2,36662.4%
  • 1-unit attached3258.6%
  • 2–4 units701.8%
  • 5–49 units57815.3%
  • 50+ units43411.5%
  • Mobile160.4%
TypeUnitsShare
1-unit detached2,36662.4%
1-unit attached3258.6%
2 units (duplex)90.2%
3–4 units611.6%
5–9 units44311.7%
10–19 units361.0%
20–49 units992.6%
50+ units43411.5%
Mobile160.4%

2–4 unit share 1.8% · 5–49 unit share 15.3% · combined 2–49 17.1%.

Units by bedrooms

Studio
251
1BR
439
2BR
1,117
3BR
1,468
4BR
435
5+
79

Rent burden

Rent ≥30% of income30.5%
Rent ≥50% of income8.3%
  • ACS median gross rent $627 (all bedrooms, occupied rentals).
  • Median contract rent $490.
  • Renters paying ≥30% of income 30.5%; ≥50% 8.3%.
  • FY2027 2BR SAFMR $1,060 (1.691× ACS median gross rent).

Population

8,448 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +1.8%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 2 projects, 552 units.
  • HUD project-based assisted MF: 3 properties, 671 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 849 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 48015 42.6% of occupied households are renters; vacancy is 2.3%; ACS median gross rent is $627; population increased +1.8% between the 2018 and 2023 ACS vintages; the housing stock includes 70 units in 2–4-unit structures and 578 units in 5–49-unit structures; 2 LIHTC projects totaling 552 units; FY2027 2BR SAFMR is $1,060 versus ACS median gross rent of $627. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Michigan research

ZIP 48015 is a Census / HUD profile for Detroit-Warren-Livonia, MI. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Michigan research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 48015?

ZIP 48015 (Detroit-Warren-Livonia, MI HUD Metro FMR Area) has 8,448 residents, 3,702 households, a renter share of 42.6%, median household income of $52,857, and ACS 2023 median gross rent of $627. Vacancy is 2.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 48015?

ACS counts 9 units in 2-unit buildings, 61 in 3–4 unit buildings, 443 in 5–9, 36 in 10–19, and 99 in 20–49. Combined 2–49 unit stock is 648 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 48015?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,060. See the full schedule and 90–110% payment-standard band on the ZIP 48015 — Center Line, MI HUD Section 8 Payment Standards / SAFMR.

Does this Michigan ZIP profile include Georgia listings?

No. ZIP 48015 is Census / HUD research for Detroit-Warren-Livonia, MI HUD Metro FMR Area. Jeff Crowe CRE does not list Michigan property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.