Housing market/Michigan/ZIP 49839

ACS 2023 · FY2027 SAFMR

ZIP 49839 Grand Marais, Alger County, Michigan

Alger 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
284
Households
157
Median HH income
$55,368
Renter share
8.9%
Median gross rent
—
Vacancy
72.9%
Pop. change
-22.0%
2BR SAFMR
$1,070
SAFMR / rent
—
2–49 unit stock
23
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 49839 · MI — sent to you.

ZIP 49839 · MI

2BR SAFMR$1,070
90% floor$963
110% ceiling$1,177

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

Housing stock

ACS 2023 units-in-structure · ZCTA 49839

  • 1-unit detached53091.4%
  • 5–49 units234.0%
  • Mobile274.7%
TypeUnitsShare
1-unit detached53091.4%
1-unit attached00.0%
2 units (duplex)00.0%
3–4 units00.0%
5–9 units111.9%
10–19 units122.1%
20–49 units00.0%
50+ units00.0%
Mobile274.7%

2–4 unit share 0.0% · 5–49 unit share 4.0% · combined 2–49 4.0%.

Units by bedrooms

Studio
43
1BR
76
2BR
188
3BR
250
4BR
23
5+
0

Rent burden

Rent ≥30% of income0.0%
Rent ≥50% of income0.0%
  • Renters paying ≥30% of income 0.0%; ≥50% 0.0%.

Population

284 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -22.0%.

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 49839 8.9% of occupied households are renters; vacancy is 72.9%; population changed -22.0% between the 2018 and 2023 ACS vintages; the housing stock includes 0 units in 2–4-unit structures and 23 units in 5–49-unit structures. 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 49839 is a Census / HUD profile for Alger 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 49839?

ZIP 49839 (Alger County, MI) has 284 residents, 157 households, a renter share of 8.9%, median household income of $55,368, and ACS 2023 median gross rent of —. Vacancy is 72.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 49839?

ACS counts 0 units in 2-unit buildings, 0 in 3–4 unit buildings, 11 in 5–9, 12 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 23 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 49839?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,070. See the full schedule and 90–110% payment-standard band on the ZIP 49839 — Grand Marais, MI HUD Section 8 Payment Standards / SAFMR.

Does this Michigan ZIP profile include Georgia listings?

No. ZIP 49839 is Census / HUD research for Alger 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.