Housing market/Michigan/ZIP 49320

ACS 2023 · FY2027 SAFMR

ZIP 49320 Chippewa Lake, Mecosta County, Michigan

Mecosta 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
220
Households
90
Median HH income
$68,804
Renter share
27.8%
Median gross rent
$719
Vacancy
68.2%
Pop. change
+139.1%
2BR SAFMR
$1,010
SAFMR / rent
1.405×
2–49 unit stock
12
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 49320 · MI — sent to you.

ZIP 49320 · MI

ACS median rent$719
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 49320

  • 1-unit detached21074.2%
  • 2–4 units124.2%
  • Mobile6121.6%
TypeUnitsShare
1-unit detached21074.2%
1-unit attached00.0%
2 units (duplex)124.2%
3–4 units00.0%
5–9 units00.0%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile6121.6%

2–4 unit share 4.2% · 5–49 unit share 0.0% · combined 2–49 4.2%.

Units by bedrooms

Studio
3
1BR
13
2BR
198
3BR
58
4BR
11
5+
0

Rent burden

Rent ≥30% of income20.0%
Rent ≥50% of income20.0%
  • ACS median gross rent $719 (all bedrooms, occupied rentals).
  • Renters paying ≥30% of income 20.0%; ≥50% 20.0%.
  • FY2027 2BR SAFMR $1,010 (1.405× ACS median gross rent).

Population

220 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +139.1%.

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 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 49320 27.8% of occupied households are renters; vacancy is 68.2%; ACS median gross rent is $719; population increased +139.1% between the 2018 and 2023 ACS vintages; the housing stock includes 12 units in 2–4-unit structures and 0 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,010 versus ACS median gross rent of $719. 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 49320 is a Census / HUD profile for Mecosta 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 49320?

ZIP 49320 (Mecosta County, MI) has 220 residents, 90 households, a renter share of 27.8%, median household income of $68,804, and ACS 2023 median gross rent of $719. Vacancy is 68.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 49320?

ACS counts 12 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 12 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 49320?

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 49320 — Chippewa Lake, MI HUD Section 8 Payment Standards / SAFMR.

Does this Michigan ZIP profile include Georgia listings?

No. ZIP 49320 is Census / HUD research for Mecosta 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.