Housing market/Michigan/ZIP 48855

ACS 2023 · FY2027 SAFMR

ZIP 48855 Howell, Livingston County, Michigan

Livingston County, 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
16,625
Households
6,050
Median HH income
$104,552
Renter share
11.2%
Median gross rent
$1,485
Vacancy
3.9%
Pop. change
+10.5%
2BR SAFMR
$1,720
SAFMR / rent
1.158×
2–49 unit stock
662
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 48855 · MI — sent to you.

ZIP 48855 · MI

ACS median rent$1,485
2BR SAFMR$1,720
90% floor$1,548
110% ceiling$1,892

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

Housing stock

ACS 2023 units-in-structure · ZCTA 48855

  • 1-unit detached5,14681.8%
  • 1-unit attached3385.4%
  • 2–4 units1482.4%
  • 5–49 units5148.2%
  • 50+ units230.4%
  • Mobile1252.0%
TypeUnitsShare
1-unit detached5,14681.8%
1-unit attached3385.4%
2 units (duplex)560.9%
3–4 units921.5%
5–9 units2584.1%
10–19 units2413.8%
20–49 units150.2%
50+ units230.4%
Mobile1252.0%

2–4 unit share 2.4% · 5–49 unit share 8.2% · combined 2–49 10.5%.

Units by bedrooms

Studio
66
1BR
88
2BR
1,107
3BR
3,391
4BR
1,361
5+
281

Rent burden

Rent ≥30% of income33.4%
Rent ≥50% of income16.6%
  • ACS median gross rent $1,485 (all bedrooms, occupied rentals).
  • Median contract rent $1,247.
  • Renters paying ≥30% of income 33.4%; ≥50% 16.6%.
  • FY2027 2BR SAFMR $1,720 (1.158× ACS median gross rent).

Population

16,625 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +10.5%.

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 24 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 48855 11.2% of occupied households are renters; vacancy is 3.9%; ACS median gross rent is $1,485; population increased +10.5% between the 2018 and 2023 ACS vintages; the housing stock includes 148 units in 2–4-unit structures and 514 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,720 versus ACS median gross rent of $1,485. 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 48855 is a Census / HUD profile for Livingston County, 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 48855?

ZIP 48855 (Livingston County, MI HUD Metro FMR Area) has 16,625 residents, 6,050 households, a renter share of 11.2%, median household income of $104,552, and ACS 2023 median gross rent of $1,485. Vacancy is 3.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 48855?

ACS counts 56 units in 2-unit buildings, 92 in 3–4 unit buildings, 258 in 5–9, 241 in 10–19, and 15 in 20–49. Combined 2–49 unit stock is 662 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 48855?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,720. See the full schedule and 90–110% payment-standard band on the ZIP 48855 — Howell, MI HUD Section 8 Payment Standards / SAFMR.

Does this Michigan ZIP profile include Georgia listings?

No. ZIP 48855 is Census / HUD research for Livingston County, 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.