Grand Rapids-Kentwood, MI · Michigan

Ionia County

ZIP 48846

66,706 residents98 permits TTM$73,436 median HHI12 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$189,400

ACS 5-Year

Cap rate proxy

5.3%

FMR × 0.65 ÷ Home Value

Rent-to-income

13.7%

HUD FMR ÷ ACS HHI

Net migration

+1.90%

IRS SOI

Permits (TTM)

98

Census BPS

Climate risk

55.9

FEMA NRI (0–100)

ZIP 48846

Median home value

Gross yield

Buy Box score

0.9

Section 8 gap

Affordability

P/I: 3.0R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown12 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
488460.9
488600.9
488510.9
488650.9
488490.9
488090.9
488730.9
488750.8
488810.8
488150.8
48845
48870

Sort by any column. Click a ZIP for detail.

Demographics

Owner-occupied

77.2%

Census ACS

Vacancy rate

7.1%

Census ACS

Bachelor's degree +

18.0%

Census ACS

Rent burdened

42.2%

Census ACS (>30% income)

Median age

38.8

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026