Housing market/Michigan/ZIP 48720

ACS 2023 · FY2027 SAFMR

ZIP 48720 Bay Port, 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
1,046
Households
432
Median HH income
$56,833
Renter share
10.2%
Median gross rent
$695
Vacancy
26.4%
Pop. change
+6.0%
2BR SAFMR
$1,220
SAFMR / rent
1.755×
2–49 unit stock
20
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 48720 · MI — sent to you.

ZIP 48720 · MI

ACS median rent$695
2BR SAFMR$1,220
90% floor$1,098
110% ceiling$1,342

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

Housing stock

ACS 2023 units-in-structure · ZCTA 48720

  • 1-unit detached52689.6%
  • 2–4 units203.4%
  • Mobile417.0%
TypeUnitsShare
1-unit detached52689.6%
1-unit attached00.0%
2 units (duplex)183.1%
3–4 units20.3%
5–9 units00.0%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile417.0%

2–4 unit share 3.4% · 5–49 unit share 0.0% · combined 2–49 3.4%.

Units by bedrooms

Studio
0
1BR
50
2BR
161
3BR
278
4BR
58
5+
40

Rent burden

Rent ≥30% of income56.8%
Rent ≥50% of income40.9%
  • ACS median gross rent $695 (all bedrooms, occupied rentals).
  • Median contract rent $528.
  • Renters paying ≥30% of income 56.8%; ≥50% 40.9%.
  • FY2027 2BR SAFMR $1,220 (1.755× ACS median gross rent).

Population

1,046 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +6.0%.

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 48720 10.2% of occupied households are renters; vacancy is 26.4%; ACS median gross rent is $695; population increased +6.0% between the 2018 and 2023 ACS vintages; the housing stock includes 20 units in 2–4-unit structures and 0 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,220 versus ACS median gross rent of $695. 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 48720 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 48720?

ZIP 48720 (Huron County, MI) has 1,046 residents, 432 households, a renter share of 10.2%, median household income of $56,833, and ACS 2023 median gross rent of $695. Vacancy is 26.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 48720?

ACS counts 18 units in 2-unit buildings, 2 in 3–4 unit buildings, 0 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 20 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 48720?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,220. See the full schedule and 90–110% payment-standard band on the ZIP 48720 — Bay Port, MI HUD Section 8 Payment Standards / SAFMR.

Does this Michigan ZIP profile include Georgia listings?

No. ZIP 48720 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.