Housing market/Michigan/ZIP 48724

ACS 2023 · FY2027 SAFMR

ZIP 48724 Carrollton, Michigan

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

Population
1,226
Households
386
Median HH income
$31,787
Renter share
71.0%
Median gross rent
—
Vacancy
0.0%
Pop. change
+153.3%
2BR SAFMR
$1,210
SAFMR / rent
—
2–49 unit stock
—
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 48724 · MI — sent to you.

ZIP 48724 · MI

2BR SAFMR$1,210
90% floor$1,089
110% ceiling$1,331

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

Housing stock

ACS 2023 units-in-structure · ZCTA 48724

  • 1-unit detached386100.0%
TypeUnitsShare
1-unit detached386100.0%
1-unit attached00.0%
2 units (duplex)00.0%
3–4 units00.0%
5–9 units00.0%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile00.0%

2–4 unit share 0.0% · 5–49 unit share 0.0% · combined 2–49 0.0%.

Units by bedrooms

Studio
0
1BR
0
2BR
35
3BR
281
4BR
70
5+
0

Rent burden

Rent ≥30% of income100.0%
Rent ≥50% of income0.0%
  • Renters paying ≥30% of income 100.0%; ≥50% 0.0%.

Population

1,226 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +153.3%.

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 41 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 48724 71.0% of occupied households are renters; vacancy is 0.0%; population increased +153.3% between the 2018 and 2023 ACS vintages; the housing stock includes 0 units in 2–4-unit structures and 0 units in 5–49-unit structures. 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 48724 is a Census / HUD profile for Saginaw, 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 48724?

ZIP 48724 (Saginaw, MI MSA) has 1,226 residents, 386 households, a renter share of 71.0%, median household income of $31,787, and ACS 2023 median gross rent of —. Vacancy is 0.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 48724?

ACS counts 0 units in 2-unit buildings, 0 in 3–4 unit buildings, 0 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is — units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 48724?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,210. See the full schedule and 90–110% payment-standard band on the ZIP 48724 — Carrollton, MI HUD Section 8 Payment Standards / SAFMR.

Does this Michigan ZIP profile include Georgia listings?

No. ZIP 48724 is Census / HUD research for Saginaw, MI MSA. 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.