Housing market/Michigan/ZIP 48432

ACS 2023 · FY2027 SAFMR

ZIP 48432 Filion, Huron County, Michigan

Huron 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
523
Households
244
Median HH income
$62,500
Renter share
12.7%
Median gross rent
$881
Vacancy
10.3%
Pop. change
-22.2%
2BR SAFMR
$1,030
SAFMR / rent
1.169×
2–49 unit stock
13
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 48432 · MI — sent to you.

ZIP 48432 · MI

ACS median rent$881
2BR SAFMR$1,030
90% floor$927
110% ceiling$1,133

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

Housing stock

ACS 2023 units-in-structure · ZCTA 48432

  • 1-unit detached23586.4%
  • 2–4 units134.8%
  • Mobile248.8%
TypeUnitsShare
1-unit detached23586.4%
1-unit attached00.0%
2 units (duplex)72.6%
3–4 units62.2%
5–9 units00.0%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile248.8%

2–4 unit share 4.8% · 5–49 unit share 0.0% · combined 2–49 4.8%.

Units by bedrooms

Studio
2
1BR
6
2BR
75
3BR
137
4BR
46
5+
6

Rent burden

Rent ≥30% of income9.7%
Rent ≥50% of income9.7%
  • ACS median gross rent $881 (all bedrooms, occupied rentals).
  • Median contract rent $825.
  • Renters paying ≥30% of income 9.7%; ≥50% 9.7%.
  • FY2027 2BR SAFMR $1,030 (1.169× ACS median gross rent).

Population

523 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -22.2%.

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 48432 12.7% of occupied households are renters; vacancy is 10.3%; ACS median gross rent is $881; population changed -22.2% between the 2018 and 2023 ACS vintages; the housing stock includes 13 units in 2–4-unit structures and 0 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,030 versus ACS median gross rent of $881. 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 48432 is a Census / HUD profile for Huron 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 48432?

ZIP 48432 (Huron County, MI) has 523 residents, 244 households, a renter share of 12.7%, median household income of $62,500, and ACS 2023 median gross rent of $881. Vacancy is 10.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 48432?

ACS counts 7 units in 2-unit buildings, 6 in 3–4 unit buildings, 0 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 13 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 48432?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,030. See the full schedule and 90–110% payment-standard band on the ZIP 48432 — Filion, MI HUD Section 8 Payment Standards / SAFMR.

Does this Michigan ZIP profile include Georgia listings?

No. ZIP 48432 is Census / HUD research for Huron 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.