HousingHandbookReference data

U.S. ZIP Code · MI48133

Monroe County · Monroe, MI

Typical home value

$242,869[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+10.5%
5-year / yr
+5.7%
10-year / yr
+5.4%

Relative price

vs U.S.
-14.5%
vs metro
-17.3%
vs state
+1.6%
ZIP 48133 location in MI
Location of ZIP 48133 in MI

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 48133 is worth $242,869 — 17.3% below the Monroe, MI median. Over the past year, values have risen 10.5%. The effective property tax rate is 0.9%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.9%[3]
Typical annual tax
$2,287[3]

#Climate risk

FEMA National Risk Index ratings for Monroe County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Moderate
Coastal flood
Relatively Low
Wildfire
Very Low
Drought
No Rating
Heat wave
Relatively Low
Hurricane
Very Low
Tornado
Relatively Moderate
Earthquake
Relatively Low
Winter weather
Relatively Moderate

#Who lives here

Population
7,085[3]
Median household income
$74,388[3]

#Migration

Household moves in and out of Monroe County over a year, from IRS tax-return data.

Net migration
-23[5]
Moved in
3,509
Moved out
3,532

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
4
Elementary
1
Middle
1
High
2
  • Mason Central School

    Elementary · Grades PK–5 · Mason Consolidated Schools (Monroe)

    426 students

  • Mason Senior High School

    High · Grades 9–12 · Mason Consolidated Schools (Monroe)

    324 students

  • Mason Middle School

    Middle · Grades 6–8 · Mason Consolidated Schools (Monroe)

    240 students

  • Mason Virtual Academy

    High · Grades 6–12 · Mason Consolidated Schools (Monroe)

    16 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,228
Loan principal$194,295
Down payment$48,574
Total interest paid$247,813

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$1,621
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
60th percentile[1]
Rental yield
[2]
Property tax
27th percentile[3]

Frequently asked

How much is a home worth in ZIP code 48133?
The typical home in 48133 is worth $242,869, based on the Zillow Home Value Index.
Are home values rising in 48133?
Home values in 48133 are up 10.5% over the past year, and up 5.7% a year over five years.
What is the property tax rate in 48133?
The effective property tax rate in 48133 is 0.9% — roughly $2,287 a year on a typical home.
Who lives in 48133?
ZIP code 48133 has a population of 7,085 and a median household income of $74,388.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Monroe, MI

    Typical home
    $236,070
    Gross yield
  • MI

    Typical home
    $274,580
    Gross yield
  • Monroe, MI

    Typical home
    $204,378
    Gross yield
    6.9%
  • Stony Point CDP, MI

    Typical home
    $202,586
    Gross yield
  • Maybee, MI

    Typical home
    $285,899
    Gross yield
  • Dundee, MI

    Typical home
    $290,236
    Gross yield

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