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Housing market/Michigan/ZIP 48150

ACS 2023 · FY2027 SAFMR

ZIP 48150 Livonia, 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
26,749
Households
10,516
Median HH income
$94,058
Renter share
11.4%
Median gross rent
$1,328
Vacancy
1.9%
Pop. change
+3.7%
2BR SAFMR
$1,640
SAFMR / rent
1.235×
2–49 unit stock
615
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 48150 · MI — sent to you.

ZIP 48150 · MI

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ACS rent vs 2BR SAFMR

ZIP 48150 — Livonia, MI HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,328
2BR SAFMR$1,640
90% floor$1,476
110% ceiling$1,804

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

Housing stock

ACS 2023 units-in-structure · ZCTA 48150

  • 1-unit detached9,40487.7%
  • 1-unit attached4924.6%
  • 2–4 units540.5%
  • 5–49 units5615.2%
  • 50+ units1631.5%
  • Mobile500.5%
TypeUnitsShare
1-unit detached9,40487.7%
1-unit attached4924.6%
2 units (duplex)240.2%
3–4 units300.3%
5–9 units3763.5%
10–19 units1491.4%
20–49 units360.3%
50+ units1631.5%
Mobile500.5%

2–4 unit share 0.5% · 5–49 unit share 5.2% · combined 2–49 5.7%.

Units by bedrooms

Studio
65
1BR
302
2BR
1,301
3BR
7,583
4BR
1,172
5+
301

Rent burden

Rent ≥30% of income36.1%
Rent ≥50% of income10.8%
  • ACS median gross rent $1,328 (all bedrooms, occupied rentals).
  • Median contract rent $1,120.
  • Renters paying ≥30% of income 36.1%; ≥50% 10.8%.
  • FY2027 2BR SAFMR $1,640 (1.235× ACS median gross rent).

Population

26,749 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +3.7%.

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

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 2,114 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 48150 11.4% of occupied households are renters; vacancy is 1.9%; ACS median gross rent is $1,328; population increased +3.7% between the 2018 and 2023 ACS vintages; the housing stock includes 54 units in 2–4-unit structures and 561 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,640 versus ACS median gross rent of $1,328. 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 48150 is a Census / HUD profile for Detroit-Warren-Livonia, MI. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 48150 — Livonia, MI HUD Section 8 Payment Standards / SAFMR·Michigan ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
48001Detroit-Warren-Livonia, MI HUD Metro FMR Area16.4%$921$1,19048002Detroit-Warren-Livonia, MI HUD Metro FMR Area2.7%$783$1,30048003Detroit-Warren-Livonia, MI HUD Metro FMR Area7.7%$925$1,14048004Detroit-Warren-Livonia, MI HUD Metro FMR Area——$1,27048005Detroit-Warren-Livonia, MI HUD Metro FMR Area7.7%$1,141$1,32048006Detroit-Warren-Livonia, MI HUD Metro FMR Area6.4%$1,077$1,37048009Detroit-Warren-Livonia, MI HUD Metro FMR Area23.8%$1,891$2,19048012Detroit-Warren-Livonia, MI HUD Metro FMR Area——$1,63048014Detroit-Warren-Livonia, MI HUD Metro FMR Area13.8%$827$1,02048015Detroit-Warren-Livonia, MI HUD Metro FMR Area42.6%$627$1,06048017Detroit-Warren-Livonia, MI HUD Metro FMR Area26.5%$1,255$1,51048021Detroit-Warren-Livonia, MI HUD Metro FMR Area31.1%$1,335$1,630

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 48150?

ZIP 48150 (Detroit-Warren-Livonia, MI HUD Metro FMR Area) has 26,749 residents, 10,516 households, a renter share of 11.4%, median household income of $94,058, and ACS 2023 median gross rent of $1,328. Vacancy is 1.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 48150?

ACS counts 24 units in 2-unit buildings, 30 in 3–4 unit buildings, 376 in 5–9, 149 in 10–19, and 36 in 20–49. Combined 2–49 unit stock is 615 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 48150?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,640. See the full schedule and 90–110% payment-standard band on the ZIP 48150 — Livonia, MI HUD Section 8 Payment Standards / SAFMR.

Does this Michigan ZIP profile include Georgia listings?

No. ZIP 48150 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.