Housing market/Michigan/ZIP 49053

ACS 2023 · FY2027 SAFMR

ZIP 49053 Galesburg, Michigan

Kalamazoo-Portage, 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
7,255
Households
2,689
Median HH income
$80,074
Renter share
12.9%
Median gross rent
$970
Vacancy
7.9%
Pop. change
-2.9%
2BR SAFMR
$1,050
SAFMR / rent
1.082×
2–49 unit stock
223
LIHTC proj / units
—
HUD assisted MF
1 / 30

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 49053 · MI — sent to you.

ZIP 49053 · MI

ACS median rent$970
2BR SAFMR$1,050
90% floor$945
110% ceiling$1,155

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

Housing stock

ACS 2023 units-in-structure · ZCTA 49053

  • 1-unit detached2,37781.4%
  • 1-unit attached60.2%
  • 2–4 units1475.0%
  • 5–49 units762.6%
  • Mobile31310.7%
TypeUnitsShare
1-unit detached2,37781.4%
1-unit attached60.2%
2 units (duplex)461.6%
3–4 units1013.5%
5–9 units672.3%
10–19 units90.3%
20–49 units00.0%
50+ units00.0%
Mobile31310.7%

2–4 unit share 5.0% · 5–49 unit share 2.6% · combined 2–49 7.6%.

Units by bedrooms

Studio
3
1BR
91
2BR
699
3BR
1,195
4BR
850
5+
81

Rent burden

Rent ≥30% of income48.4%
Rent ≥50% of income19.9%
  • ACS median gross rent $970 (all bedrooms, occupied rentals).
  • Median contract rent $752.
  • Renters paying ≥30% of income 48.4%; ≥50% 19.9%.
  • FY2027 2BR SAFMR $1,050 (1.082× ACS median gross rent).

Population

7,255 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -2.9%.

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: 1 properties, 30 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 49053 12.9% of occupied households are renters; vacancy is 7.9%; ACS median gross rent is $970; population changed -2.9% between the 2018 and 2023 ACS vintages; the housing stock includes 147 units in 2–4-unit structures and 76 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,050 versus ACS median gross rent of $970. 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 49053 is a Census / HUD profile for Kalamazoo-Portage, 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 49053?

ZIP 49053 (Kalamazoo-Portage, MI MSA) has 7,255 residents, 2,689 households, a renter share of 12.9%, median household income of $80,074, and ACS 2023 median gross rent of $970. Vacancy is 7.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 49053?

ACS counts 46 units in 2-unit buildings, 101 in 3–4 unit buildings, 67 in 5–9, 9 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 223 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 49053?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,050. See the full schedule and 90–110% payment-standard band on the ZIP 49053 — Galesburg, MI HUD Section 8 Payment Standards / SAFMR.

Does this Michigan ZIP profile include Georgia listings?

No. ZIP 49053 is Census / HUD research for Kalamazoo-Portage, 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.