Housing market/Michigan/ZIP 48624

ACS 2023 · FY2027 SAFMR

ZIP 48624 Gladwin, Roscommon County, Michigan

Roscommon County, MI · Michigan. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
16,269
Households
6,963
Median HH income
$55,415
Renter share
11.9%
Median gross rent
$689
Vacancy
37.1%
Pop. change
+4.9%
2BR SAFMR
$1,010
SAFMR / rent
1.466×
2–49 unit stock
339
LIHTC proj / units
3 / 88
HUD assisted MF
2 / 108

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 48624 · MI — sent to you.

ZIP 48624 · MI

ACS median rent$689
2BR SAFMR$1,010
90% floor$909
110% ceiling$1,111

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

Housing stock

ACS 2023 units-in-structure · ZCTA 48624

  • 1-unit detached9,29684.0%
  • 1-unit attached1040.9%
  • 2–4 units800.7%
  • 5–49 units2592.3%
  • 50+ units630.6%
  • Mobile1,26411.4%
TypeUnitsShare
1-unit detached9,29684.0%
1-unit attached1040.9%
2 units (duplex)710.6%
3–4 units90.1%
5–9 units810.7%
10–19 units1351.2%
20–49 units430.4%
50+ units630.6%
Mobile1,26411.4%

2–4 unit share 0.7% · 5–49 unit share 2.3% · combined 2–49 3.1%.

Units by bedrooms

Studio
145
1BR
727
2BR
3,528
3BR
4,878
4BR
1,333
5+
462

Rent burden

Rent ≥30% of income26.3%
Rent ≥50% of income9.7%
  • ACS median gross rent $689 (all bedrooms, occupied rentals).
  • Median contract rent $548.
  • Renters paying ≥30% of income 26.3%; ≥50% 9.7%.
  • FY2027 2BR SAFMR $1,010 (1.466× ACS median gross rent).

Population

16,269 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +4.9%.

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

Assisted inventory

  • LIHTC: 3 projects, 88 units.
  • HUD project-based assisted MF: 2 properties, 108 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 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 48624 11.9% of occupied households are renters; vacancy is 37.1%; ACS median gross rent is $689; population increased +4.9% between the 2018 and 2023 ACS vintages; the housing stock includes 80 units in 2–4-unit structures and 259 units in 5–49-unit structures; 3 LIHTC projects totaling 88 units; FY2027 2BR SAFMR is $1,010 versus ACS median gross rent of $689. 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 48624 is a Census / HUD profile for Roscommon 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 48624?

ZIP 48624 (Roscommon County, MI) has 16,269 residents, 6,963 households, a renter share of 11.9%, median household income of $55,415, and ACS 2023 median gross rent of $689. Vacancy is 37.1%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 48624?

ACS counts 71 units in 2-unit buildings, 9 in 3–4 unit buildings, 81 in 5–9, 135 in 10–19, and 43 in 20–49. Combined 2–49 unit stock is 339 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 48624?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,010. See the full schedule and 90–110% payment-standard band on the ZIP 48624 — Gladwin, MI HUD Section 8 Payment Standards / SAFMR.

Does this Michigan ZIP profile include Georgia listings?

No. ZIP 48624 is Census / HUD research for Roscommon County, MI. 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.