Housing market/Michigan/ZIP 49769

ACS 2023 · FY2027 SAFMR

ZIP 49769 Pellston, Emmet County, Michigan

Emmet 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
1,791
Households
662
Median HH income
$64,792
Renter share
21.6%
Median gross rent
$989
Vacancy
28.7%
Pop. change
+9.9%
2BR SAFMR
$1,260
SAFMR / rent
1.274×
2–49 unit stock
58
LIHTC proj / units
1 / 29
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 49769 · MI — sent to you.

ZIP 49769 · MI

ACS median rent$989
2BR SAFMR$1,260
90% floor$1,134
110% ceiling$1,386

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

Housing stock

ACS 2023 units-in-structure · ZCTA 49769

  • 1-unit detached75581.4%
  • 1-unit attached80.9%
  • 2–4 units424.5%
  • 5–49 units161.7%
  • 50+ units40.4%
  • Mobile10311.1%
TypeUnitsShare
1-unit detached75581.4%
1-unit attached80.9%
2 units (duplex)283.0%
3–4 units141.5%
5–9 units111.2%
10–19 units00.0%
20–49 units50.5%
50+ units40.4%
Mobile10311.1%

2–4 unit share 4.5% · 5–49 unit share 1.7% · combined 2–49 6.3%.

Units by bedrooms

Studio
26
1BR
60
2BR
218
3BR
458
4BR
100
5+
66

Rent burden

Rent ≥30% of income38.5%
Rent ≥50% of income11.2%
  • ACS median gross rent $989 (all bedrooms, occupied rentals).
  • Median contract rent $697.
  • Renters paying ≥30% of income 38.5%; ≥50% 11.2%.
  • FY2027 2BR SAFMR $1,260 (1.274× ACS median gross rent).

Population

1,791 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +9.9%.

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

Assisted inventory

  • LIHTC: 1 projects, 29 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 49769 21.6% of occupied households are renters; vacancy is 28.7%; ACS median gross rent is $989; population increased +9.9% between the 2018 and 2023 ACS vintages; the housing stock includes 42 units in 2–4-unit structures and 16 units in 5–49-unit structures; 1 LIHTC projects totaling 29 units; FY2027 2BR SAFMR is $1,260 versus ACS median gross rent of $989. 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 49769 is a Census / HUD profile for Emmet 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 49769?

ZIP 49769 (Emmet County, MI) has 1,791 residents, 662 households, a renter share of 21.6%, median household income of $64,792, and ACS 2023 median gross rent of $989. Vacancy is 28.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 49769?

ACS counts 28 units in 2-unit buildings, 14 in 3–4 unit buildings, 11 in 5–9, 0 in 10–19, and 5 in 20–49. Combined 2–49 unit stock is 58 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 49769?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,260. See the full schedule and 90–110% payment-standard band on the ZIP 49769 — Pellston, MI HUD Section 8 Payment Standards / SAFMR.

Does this Michigan ZIP profile include Georgia listings?

No. ZIP 49769 is Census / HUD research for Emmet 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.