Housing market/Michigan/ZIP 49450

ACS 2023 · FY2027 SAFMR

ZIP 49450 Pullman, Allegan County, Michigan

Allegan 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
3,178
Households
1,033
Median HH income
$48,809
Renter share
29.7%
Median gross rent
$1,205
Vacancy
35.8%
Pop. change
-5.5%
2BR SAFMR
$1,410
SAFMR / rent
1.170×
2–49 unit stock
35
LIHTC proj / units
1 / 20
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 49450 · MI — sent to you.

ZIP 49450 · MI

ACS median rent$1,205
2BR SAFMR$1,410
90% floor$1,269
110% ceiling$1,551

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

Housing stock

ACS 2023 units-in-structure · ZCTA 49450

  • 1-unit detached1,10568.6%
  • 1-unit attached70.4%
  • 2–4 units80.5%
  • 5–49 units271.7%
  • Mobile46328.8%
TypeUnitsShare
1-unit detached1,10568.6%
1-unit attached70.4%
2 units (duplex)80.5%
3–4 units00.0%
5–9 units271.7%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile46328.8%

2–4 unit share 0.5% · 5–49 unit share 1.7% · combined 2–49 2.2%.

Units by bedrooms

Studio
61
1BR
74
2BR
293
3BR
765
4BR
264
5+
153

Rent burden

Rent ≥30% of income28.0%
Rent ≥50% of income22.1%
  • ACS median gross rent $1,205 (all bedrooms, occupied rentals).
  • Median contract rent $734.
  • Renters paying ≥30% of income 28.0%; ≥50% 22.1%.
  • FY2027 2BR SAFMR $1,410 (1.170× ACS median gross rent).

Population

3,178 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -5.5%.

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

Assisted inventory

  • LIHTC: 1 projects, 20 units.
  • 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 49450 29.7% of occupied households are renters; vacancy is 35.8%; ACS median gross rent is $1,205; population changed -5.5% between the 2018 and 2023 ACS vintages; the housing stock includes 8 units in 2–4-unit structures and 27 units in 5–49-unit structures; 1 LIHTC projects totaling 20 units; FY2027 2BR SAFMR is $1,410 versus ACS median gross rent of $1,205. 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 49450 is a Census / HUD profile for Allegan 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 49450?

ZIP 49450 (Allegan County, MI) has 3,178 residents, 1,033 households, a renter share of 29.7%, median household income of $48,809, and ACS 2023 median gross rent of $1,205. Vacancy is 35.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 49450?

ACS counts 8 units in 2-unit buildings, 0 in 3–4 unit buildings, 27 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 35 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 49450?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,410. See the full schedule and 90–110% payment-standard band on the ZIP 49450 — Pullman, MI HUD Section 8 Payment Standards / SAFMR.

Does this Michigan ZIP profile include Georgia listings?

No. ZIP 49450 is Census / HUD research for Allegan 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.