Housing market/Michigan/ZIP 48105

ACS 2023 · FY2027 SAFMR

ZIP 48105 Ann Arbor, Michigan

Ann Arbor, MI MSA · Michigan. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
36,959
Households
15,472
Median HH income
$94,737
Renter share
48.8%
Median gross rent
$1,603
Vacancy
7.8%
Pop. change
+1.6%
2BR SAFMR
$2,070
SAFMR / rent
1.291×
2–49 unit stock
5,313
LIHTC proj / units
3 / 400
HUD assisted MF
2 / 405

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 48105 · MI — sent to you.

ZIP 48105 · MI

ACS median rent$1,603
2BR SAFMR$2,070
90% floor$1,863
110% ceiling$2,277

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

Housing stock

ACS 2023 units-in-structure · ZCTA 48105

  • 1-unit detached6,94741.4%
  • 1-unit attached2,73016.3%
  • 2–4 units1,1887.1%
  • 5–49 units4,12524.6%
  • 50+ units1,75910.5%
  • Mobile240.1%
TypeUnitsShare
1-unit detached6,94741.4%
1-unit attached2,73016.3%
2 units (duplex)1240.7%
3–4 units1,0646.3%
5–9 units2,30513.7%
10–19 units1,0896.5%
20–49 units7314.4%
50+ units1,75910.5%
Mobile240.1%

2–4 unit share 7.1% · 5–49 unit share 24.6% · combined 2–49 31.7%.

Units by bedrooms

Studio
470
1BR
2,812
2BR
4,977
3BR
4,324
4BR
3,138
5+
1,052

Rent burden

Rent ≥30% of income48.9%
Rent ≥50% of income26.3%
  • ACS median gross rent $1,603 (all bedrooms, occupied rentals).
  • Median contract rent $1,493.
  • Renters paying ≥30% of income 48.9%; ≥50% 26.3%.
  • FY2027 2BR SAFMR $2,070 (1.291× ACS median gross rent).

Population

36,959 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +1.6%.

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

Assisted inventory

  • LIHTC: 3 projects, 400 units.
  • HUD project-based assisted MF: 2 properties, 405 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 534 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 48105 48.8% of occupied households are renters; vacancy is 7.8%; ACS median gross rent is $1,603; population increased +1.6% between the 2018 and 2023 ACS vintages; the housing stock includes 1,188 units in 2–4-unit structures and 4,125 units in 5–49-unit structures; 3 LIHTC projects totaling 400 units; FY2027 2BR SAFMR is $2,070 versus ACS median gross rent of $1,603. 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 48105 is a Census / HUD profile for Ann Arbor, 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 48105?

ZIP 48105 (Ann Arbor, MI MSA) has 36,959 residents, 15,472 households, a renter share of 48.8%, median household income of $94,737, and ACS 2023 median gross rent of $1,603. Vacancy is 7.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 48105?

ACS counts 124 units in 2-unit buildings, 1,064 in 3–4 unit buildings, 2,305 in 5–9, 1,089 in 10–19, and 731 in 20–49. Combined 2–49 unit stock is 5,313 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 48105?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,070. See the full schedule and 90–110% payment-standard band on the ZIP 48105 — Ann Arbor, MI HUD Section 8 Payment Standards / SAFMR.

Does this Michigan ZIP profile include Georgia listings?

No. ZIP 48105 is Census / HUD research for Ann Arbor, MI MSA. 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.