Housing market/Michigan/ZIP 48750

ACS 2023 · FY2027 SAFMR

ZIP 48750 Oscoda, Iosco County, Michigan

Iosco 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
9,281
Households
4,314
Median HH income
$42,260
Renter share
19.1%
Median gross rent
$675
Vacancy
39.0%
Pop. change
+9.5%
2BR SAFMR
$1,040
SAFMR / rent
1.541×
2–49 unit stock
901
LIHTC proj / units
4 / 173
HUD assisted MF
1 / 24

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 48750 · MI — sent to you.

ZIP 48750 · MI

ACS median rent$675
2BR SAFMR$1,040
90% floor$936
110% ceiling$1,144

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

Housing stock

ACS 2023 units-in-structure · ZCTA 48750

  • 1-unit detached5,30975.1%
  • 1-unit attached3505.0%
  • 2–4 units4205.9%
  • 5–49 units4816.8%
  • 50+ units350.5%
  • Mobile4756.7%
TypeUnitsShare
1-unit detached5,30975.0%
1-unit attached3504.9%
2 units (duplex)1772.5%
3–4 units2433.4%
5–9 units2293.2%
10–19 units1492.1%
20–49 units1031.5%
50+ units350.5%
Mobile4756.7%

2–4 unit share 5.9% · 5–49 unit share 6.8% · combined 2–49 12.7%.

Units by bedrooms

Studio
57
1BR
712
2BR
2,156
3BR
3,546
4BR
568
5+
35

Rent burden

Rent ≥30% of income29.4%
Rent ≥50% of income12.0%
  • ACS median gross rent $675 (all bedrooms, occupied rentals).
  • Median contract rent $593.
  • Renters paying ≥30% of income 29.4%; ≥50% 12.0%.
  • FY2027 2BR SAFMR $1,040 (1.541× ACS median gross rent).

Population

9,281 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +9.5%.

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

Assisted inventory

  • LIHTC: 4 projects, 173 units.
  • HUD project-based assisted MF: 1 properties, 24 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 48750 19.1% of occupied households are renters; vacancy is 39.0%; ACS median gross rent is $675; population increased +9.5% between the 2018 and 2023 ACS vintages; the housing stock includes 420 units in 2–4-unit structures and 481 units in 5–49-unit structures; 4 LIHTC projects totaling 173 units; FY2027 2BR SAFMR is $1,040 versus ACS median gross rent of $675. 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 48750 is a Census / HUD profile for Iosco 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 48750?

ZIP 48750 (Iosco County, MI) has 9,281 residents, 4,314 households, a renter share of 19.1%, median household income of $42,260, and ACS 2023 median gross rent of $675. Vacancy is 39.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 48750?

ACS counts 177 units in 2-unit buildings, 243 in 3–4 unit buildings, 229 in 5–9, 149 in 10–19, and 103 in 20–49. Combined 2–49 unit stock is 901 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 48750?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,040. See the full schedule and 90–110% payment-standard band on the ZIP 48750 — Oscoda, MI HUD Section 8 Payment Standards / SAFMR.

Does this Michigan ZIP profile include Georgia listings?

No. ZIP 48750 is Census / HUD research for Iosco 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.