Housing market/Michigan/ZIP 48734

ACS 2023 · FY2027 SAFMR

ZIP 48734 Frankenmuth, Tuscola County, Michigan

Tuscola 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
7,642
Households
3,409
Median HH income
$89,217
Renter share
23.3%
Median gross rent
$830
Vacancy
10.9%
Pop. change
+1.7%
2BR SAFMR
$1,010
SAFMR / rent
1.217×
2–49 unit stock
590
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 48734 · MI — sent to you.

ZIP 48734 · MI

ACS median rent$830
2BR SAFMR$1,010
90% floor$909
110% ceiling$1,111

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

Housing stock

ACS 2023 units-in-structure · ZCTA 48734

  • 1-unit detached2,78972.9%
  • 1-unit attached2055.4%
  • 2–4 units1564.1%
  • 5–49 units43411.3%
  • 50+ units2436.3%
TypeUnitsShare
1-unit detached2,78972.9%
1-unit attached2055.4%
2 units (duplex)581.5%
3–4 units982.6%
5–9 units1784.7%
10–19 units701.8%
20–49 units1864.9%
50+ units2436.3%
Mobile00.0%

2–4 unit share 4.1% · 5–49 unit share 11.3% · combined 2–49 15.4%.

Units by bedrooms

Studio
124
1BR
344
2BR
672
3BR
1,451
4BR
863
5+
373

Rent burden

Rent ≥30% of income34.7%
Rent ≥50% of income16.7%
  • ACS median gross rent $830 (all bedrooms, occupied rentals).
  • Median contract rent $728.
  • Renters paying ≥30% of income 34.7%; ≥50% 16.7%.
  • FY2027 2BR SAFMR $1,010 (1.217× ACS median gross rent).

Population

7,642 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +1.7%.

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 40 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 48734 23.3% of occupied households are renters; vacancy is 10.9%; ACS median gross rent is $830; population increased +1.7% between the 2018 and 2023 ACS vintages; the housing stock includes 156 units in 2–4-unit structures and 434 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,010 versus ACS median gross rent of $830. 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 48734 is a Census / HUD profile for Tuscola 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 48734?

ZIP 48734 (Tuscola County, MI) has 7,642 residents, 3,409 households, a renter share of 23.3%, median household income of $89,217, and ACS 2023 median gross rent of $830. Vacancy is 10.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 48734?

ACS counts 58 units in 2-unit buildings, 98 in 3–4 unit buildings, 178 in 5–9, 70 in 10–19, and 186 in 20–49. Combined 2–49 unit stock is 590 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 48734?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,010. See the full schedule and 90–110% payment-standard band on the ZIP 48734 — Frankenmuth, MI HUD Section 8 Payment Standards / SAFMR.

Does this Michigan ZIP profile include Georgia listings?

No. ZIP 48734 is Census / HUD research for Tuscola 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.