Housing market/Michigan/ZIP 48314

ACS 2023 · FY2027 SAFMR

ZIP 48314 Sterling Heights, 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
21,379
Households
9,082
Median HH income
$80,383
Renter share
23.0%
Median gross rent
$1,397
Vacancy
2.2%
Pop. change
+3.8%
2BR SAFMR
$1,560
SAFMR / rent
1.117×
2–49 unit stock
1,741
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 48314 · MI — sent to you.

ZIP 48314 · MI

ACS median rent$1,397
2BR SAFMR$1,560
90% floor$1,404
110% ceiling$1,716

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

Housing stock

ACS 2023 units-in-structure · ZCTA 48314

  • 1-unit detached5,08654.8%
  • 1-unit attached1,30014.0%
  • 2–4 units3423.7%
  • 5–49 units1,39915.1%
  • 50+ units5335.7%
  • Mobile6266.7%
TypeUnitsShare
1-unit detached5,08654.8%
1-unit attached1,30014.0%
2 units (duplex)370.4%
3–4 units3053.3%
5–9 units99410.7%
10–19 units3423.7%
20–49 units630.7%
50+ units5335.7%
Mobile6266.7%

2–4 unit share 3.7% · 5–49 unit share 15.1% · combined 2–49 18.7%.

Units by bedrooms

Studio
83
1BR
1,072
2BR
2,473
3BR
3,341
4BR
2,052
5+
265

Rent burden

Rent ≥30% of income61.5%
Rent ≥50% of income28.1%
  • ACS median gross rent $1,397 (all bedrooms, occupied rentals).
  • Median contract rent $1,229.
  • Renters paying ≥30% of income 61.5%; ≥50% 28.1%.
  • FY2027 2BR SAFMR $1,560 (1.117× ACS median gross rent).

Population

21,379 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +3.8%.

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 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 48314 23.0% of occupied households are renters; vacancy is 2.2%; ACS median gross rent is $1,397; population increased +3.8% between the 2018 and 2023 ACS vintages; the housing stock includes 342 units in 2–4-unit structures and 1,399 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,560 versus ACS median gross rent of $1,397. 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 48314 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 48314?

ZIP 48314 (Detroit-Warren-Livonia, MI HUD Metro FMR Area) has 21,379 residents, 9,082 households, a renter share of 23.0%, median household income of $80,383, and ACS 2023 median gross rent of $1,397. Vacancy is 2.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 48314?

ACS counts 37 units in 2-unit buildings, 305 in 3–4 unit buildings, 994 in 5–9, 342 in 10–19, and 63 in 20–49. Combined 2–49 unit stock is 1,741 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 48314?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,560. See the full schedule and 90–110% payment-standard band on the ZIP 48314 — Sterling Heights, MI HUD Section 8 Payment Standards / SAFMR.

Does this Michigan ZIP profile include Georgia listings?

No. ZIP 48314 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.