Flat Rock, MI Real Estate

According to census data in the year 2000 there were 3,291 housing units in Flat Rock. This represents a 16.3% growth from 2,829 in 1990.

Of those housing units, 3,291 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Flat Rock is about 72.4%. Flat Rock's vacancy rate, including seasonal lodging, is about 3.3%. Average household size is 2.66 people.

The majority of houses, apartments or condos in Flat Rock were built after 1971.


Housing Size

Housing Units by Size
Studio Type2.10%
One Bedroom7.40%
Two Bedrooms25.10%
Three Bedrooms52.30%
Four Bedrooms11.40%
Five Bedrooms or more1.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.77
Median year structure was built1971
Median Value of occupied units$121,700
Median Price asked for vacant units$110,400

Rented Homes, Apartments and Condos

Average Household Size2.35
Median year structure was built1972
Median Monthly Rent asked for vacant units$569

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.10%
Second Mortgage7.10%
Home Equity Loan14.40%
Simple Mortgage48.30%
Debt Free29.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.1%