Housing market/Michigan/ZIP 48808

ACS 2023 · FY2027 SAFMR

ZIP 48808 Bath, Michigan

Lansing-East Lansing, MI MSA · Michigan. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
6,424
Households
2,904
Median HH income
$82,910
Renter share
23.5%
Median gross rent
$1,246
Vacancy
1.2%
Pop. change
+8.3%
2BR SAFMR
$1,520
SAFMR / rent
1.220×
2–49 unit stock
645
LIHTC proj / units
1 / 134
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 48808 · MI — sent to you.

ZIP 48808 · MI

ACS median rent$1,246
2BR SAFMR$1,520
90% floor$1,368
110% ceiling$1,672

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

Housing stock

ACS 2023 units-in-structure · ZCTA 48808

  • 1-unit detached2,06370.2%
  • 1-unit attached2187.4%
  • 2–4 units481.6%
  • 5–49 units59720.3%
  • Mobile120.4%
TypeUnitsShare
1-unit detached2,06370.2%
1-unit attached2187.4%
2 units (duplex)130.4%
3–4 units351.2%
5–9 units1304.4%
10–19 units40013.6%
20–49 units672.3%
50+ units00.0%
Mobile120.4%

2–4 unit share 1.6% · 5–49 unit share 20.3% · combined 2–49 22.0%.

Units by bedrooms

Studio
37
1BR
233
2BR
679
3BR
1,384
4BR
515
5+
90

Rent burden

Rent ≥30% of income45.0%
Rent ≥50% of income30.3%
  • ACS median gross rent $1,246 (all bedrooms, occupied rentals).
  • Median contract rent $1,061.
  • Renters paying ≥30% of income 45.0%; ≥50% 30.3%.
  • FY2027 2BR SAFMR $1,520 (1.220× ACS median gross rent).

Population

6,424 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +8.3%.

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

Assisted inventory

  • LIHTC: 1 projects, 134 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 48808 23.5% of occupied households are renters; vacancy is 1.2%; ACS median gross rent is $1,246; population increased +8.3% between the 2018 and 2023 ACS vintages; the housing stock includes 48 units in 2–4-unit structures and 597 units in 5–49-unit structures; 1 LIHTC projects totaling 134 units; FY2027 2BR SAFMR is $1,520 versus ACS median gross rent of $1,246. 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 48808 is a Census / HUD profile for Lansing-East Lansing, 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 48808?

ZIP 48808 (Lansing-East Lansing, MI MSA) has 6,424 residents, 2,904 households, a renter share of 23.5%, median household income of $82,910, and ACS 2023 median gross rent of $1,246. Vacancy is 1.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 48808?

ACS counts 13 units in 2-unit buildings, 35 in 3–4 unit buildings, 130 in 5–9, 400 in 10–19, and 67 in 20–49. Combined 2–49 unit stock is 645 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 48808?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,520. See the full schedule and 90–110% payment-standard band on the ZIP 48808 — Bath, MI HUD Section 8 Payment Standards / SAFMR.

Does this Michigan ZIP profile include Georgia listings?

No. ZIP 48808 is Census / HUD research for Lansing-East Lansing, MI MSA. 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.