Grand Rapids-Kentwood, MI · Michigan

Montcalm County

ZIP 48838

67,174 residents201 permits TTM$64,892 median HHI16 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$172,100

ACS 5-Year

Cap rate proxy

6.0%

FMR × 0.65 ÷ Home Value

Rent-to-income

16.0%

HUD FMR ÷ ACS HHI

Net migration

+2.10%

IRS SOI

Permits (TTM)

201

Census BPS

Climate risk

56.9

FEMA NRI (0–100)

ZIP 48838

Median home value

Gross yield

Buy Box score

0.9

Section 8 gap

Affordability

P/I: 4.0R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown16 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
488860.9
488290.9
488180.9
488910.9
488110.9
488500.9
488840.9
488880.9
493470.9
488340.9
488380.9
493290.9
493390.8
48852
48885
49322

Sort by any column. Click a ZIP for detail.

Demographics

Owner-occupied

82.2%

Census ACS

Vacancy rate

13.9%

Census ACS

Bachelor's degree +

14.9%

Census ACS

Rent burdened

37.1%

Census ACS (>30% income)

Median age

40.1

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