Housing market/Michigan/ZIP 49343

ACS 2023 · FY2027 SAFMR

ZIP 49343 Sand Lake, Newaygo County, Michigan

Newaygo 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
5,445
Households
2,155
Median HH income
$81,722
Renter share
11.7%
Median gross rent
$694
Vacancy
14.8%
Pop. change
-9.6%
2BR SAFMR
$1,380
SAFMR / rent
1.988×
2–49 unit stock
95
LIHTC proj / units
2 / 48
HUD assisted MF
1 / 32

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 49343 · MI — sent to you.

ZIP 49343 · MI

ACS median rent$694
2BR SAFMR$1,380
90% floor$1,242
110% ceiling$1,518

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

Housing stock

ACS 2023 units-in-structure · ZCTA 49343

  • 1-unit detached2,00479.3%
  • 1-unit attached80.3%
  • 2–4 units90.4%
  • 5–49 units863.4%
  • 50+ units10.0%
  • Mobile42016.6%
TypeUnitsShare
1-unit detached2,00479.3%
1-unit attached80.3%
2 units (duplex)10.0%
3–4 units80.3%
5–9 units80.3%
10–19 units10.0%
20–49 units773.0%
50+ units10.0%
Mobile42016.6%

2–4 unit share 0.4% · 5–49 unit share 3.4% · combined 2–49 3.8%.

Units by bedrooms

Studio
2
1BR
170
2BR
653
3BR
1,187
4BR
367
5+
149

Rent burden

Rent ≥30% of income63.2%
Rent ≥50% of income39.1%
  • ACS median gross rent $694 (all bedrooms, occupied rentals).
  • Median contract rent $551.
  • Renters paying ≥30% of income 63.2%; ≥50% 39.1%.
  • FY2027 2BR SAFMR $1,380 (1.988× ACS median gross rent).

Population

5,445 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -9.6%.

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

Assisted inventory

  • LIHTC: 2 projects, 48 units.
  • HUD project-based assisted MF: 1 properties, 32 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 607 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 49343 11.7% of occupied households are renters; vacancy is 14.8%; ACS median gross rent is $694; population changed -9.6% between the 2018 and 2023 ACS vintages; the housing stock includes 9 units in 2–4-unit structures and 86 units in 5–49-unit structures; 2 LIHTC projects totaling 48 units; FY2027 2BR SAFMR is $1,380 versus ACS median gross rent of $694. 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 49343 is a Census / HUD profile for Newaygo 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 49343?

ZIP 49343 (Newaygo County, MI) has 5,445 residents, 2,155 households, a renter share of 11.7%, median household income of $81,722, and ACS 2023 median gross rent of $694. Vacancy is 14.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 49343?

ACS counts 1 units in 2-unit buildings, 8 in 3–4 unit buildings, 8 in 5–9, 1 in 10–19, and 77 in 20–49. Combined 2–49 unit stock is 95 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 49343?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,380. See the full schedule and 90–110% payment-standard band on the ZIP 49343 — Sand Lake, MI HUD Section 8 Payment Standards / SAFMR.

Does this Michigan ZIP profile include Georgia listings?

No. ZIP 49343 is Census / HUD research for Newaygo 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.