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Housing market/Michigan/ZIP 49401

ACS 2023 · FY2027 SAFMR

ZIP 49401 Allendale, Michigan

Holland-Grand Haven, MI HUD Metro FMR Area · Michigan. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
28,941
Households
8,525
Median HH income
$73,020
Renter share
44.1%
Median gross rent
$1,083
Vacancy
6.1%
Pop. change
+19.1%
2BR SAFMR
$1,700
SAFMR / rent
1.570×
2–49 unit stock
2,922
LIHTC proj / units
1 / 52
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 49401 · MI — sent to you.

ZIP 49401 · MI

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ACS rent vs 2BR SAFMR

ZIP 49401 — Allendale, MI HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,083
2BR SAFMR$1,700
90% floor$1,530
110% ceiling$1,870

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

Housing stock

ACS 2023 units-in-structure · ZCTA 49401

  • 1-unit detached4,63451.0%
  • 1-unit attached1,03311.4%
  • 2–4 units7658.4%
  • 5–49 units2,15723.7%
  • 50+ units1541.7%
  • Mobile3403.7%
TypeUnitsShare
1-unit detached4,63451.0%
1-unit attached1,03311.4%
2 units (duplex)1641.8%
3–4 units6016.6%
5–9 units95110.5%
10–19 units8809.7%
20–49 units3263.6%
50+ units1541.7%
Mobile3403.7%

2–4 unit share 8.4% · 5–49 unit share 23.7% · combined 2–49 32.2%.

Units by bedrooms

Studio
83
1BR
395
2BR
1,830
3BR
2,468
4BR
3,535
5+
772

Rent burden

Rent ≥30% of income61.1%
Rent ≥50% of income37.0%
  • ACS median gross rent $1,083 (all bedrooms, occupied rentals).
  • Median contract rent $992.
  • Renters paying ≥30% of income 61.1%; ≥50% 37.0%.
  • FY2027 2BR SAFMR $1,700 (1.570× ACS median gross rent).

Population

28,941 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +19.1%.

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

Assisted inventory

  • LIHTC: 1 projects, 52 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 482 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 49401 44.1% of occupied households are renters; vacancy is 6.1%; ACS median gross rent is $1,083; population increased +19.1% between the 2018 and 2023 ACS vintages; the housing stock includes 765 units in 2–4-unit structures and 2,157 units in 5–49-unit structures; 1 LIHTC projects totaling 52 units; FY2027 2BR SAFMR is $1,700 versus ACS median gross rent of $1,083. 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 49401 is a Census / HUD profile for Holland-Grand Haven, MI. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 49401 — Allendale, MI HUD Section 8 Payment Standards / SAFMR·Michigan ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
49345Holland-Grand Haven, MI HUD Metro FMR Area15.4%$968$1,38049409Holland-Grand Haven, MI HUD Metro FMR Area0.0%—$1,59049417Holland-Grand Haven, MI HUD Metro FMR Area22.0%$1,101$1,48049418Holland-Grand Haven, MI HUD Metro FMR Area28.7%$1,218$1,67049422Holland-Grand Haven, MI HUD Metro FMR Area——$1,55049424Holland-Grand Haven, MI HUD Metro FMR Area23.9%$1,157$1,53049428Holland-Grand Haven, MI HUD Metro FMR Area15.2%$1,373$1,62049429Holland-Grand Haven, MI HUD Metro FMR Area——$1,55049430Holland-Grand Haven, MI HUD Metro FMR Area0.0%—$1,37049435Holland-Grand Haven, MI HUD Metro FMR Area7.5%$1,041$1,38049460Holland-Grand Haven, MI HUD Metro FMR Area8.1%$1,145$1,66049534Holland-Grand Haven, MI HUD Metro FMR Area30.8%$1,161$1,600

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 49401?

ZIP 49401 (Holland-Grand Haven, MI HUD Metro FMR Area) has 28,941 residents, 8,525 households, a renter share of 44.1%, median household income of $73,020, and ACS 2023 median gross rent of $1,083. Vacancy is 6.1%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 49401?

ACS counts 164 units in 2-unit buildings, 601 in 3–4 unit buildings, 951 in 5–9, 880 in 10–19, and 326 in 20–49. Combined 2–49 unit stock is 2,922 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 49401?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,700. See the full schedule and 90–110% payment-standard band on the ZIP 49401 — Allendale, MI HUD Section 8 Payment Standards / SAFMR.

Does this Michigan ZIP profile include Georgia listings?

No. ZIP 49401 is Census / HUD research for Holland-Grand Haven, MI HUD Metro FMR Area. 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.