Rental numbers for Allegan County, MI
The typical home here runs -$1,296 a month at 7.78% with 25% down. 0 of 1 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.3%.
- Gross yield
- 5.1%
- typical home, Zillow
- Median ZIP yield
- 5.3%
- 1 ZIPs with full data
- Cash flow
- -$1,296/mo
- at 7.78%, 25% down
- Typical price
- $348,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,480/mo
- Zillow ZORI, Aug 2026
ZIP codes in Allegan County
14 with published figures
| 49450Pullman | $179,000 | $1,280* | 8.6% | 4.4% | -$314 | n/a |
| 49078Otsego | $273,000 | $1,410* | 6.2% | 2.6% | -$882 | n/a |
| 49423Holland | $355,000 | $1,560 | 5.3% | 2.1% | -$1,299 | +1.0% |
| 49344Shelbyville | $344,000 | $1,490* | 5.2% | 2.3% | -$1,191 | n/a |
| 49010Allegan | $282,000 | $1,210* | 5.1% | 2.0% | -$1,056 | n/a |
| 49348Wayland | $347,000 | $1,400* | 4.8% | 1.8% | -$1,354 | n/a |
| 49070Allegan | $290,000 | $1,140* | 4.7% | 1.4% | -$1,218 | n/a |
| 49080Gunplain | $301,000 | $1,170* | 4.7% | 1.5% | -$1,241 | n/a |
| 49419Hamilton | $397,000 | $1,380* | 4.2% | 1.4% | -$1,692 | n/a |
| 49323Dorr | $382,000 | $1,310* | 4.1% | 1.2% | -$1,676 | n/a |
| 49328Hopkins | $333,000 | $1,000* | 3.6% | 0.7% | -$1,597 | n/a |
| 49408Fennville | $366,000 | $1,070* | 3.5% | 0.7% | -$1,763 | n/a |
| 49406Douglas | $627,000 | $1,040* | 2.0% | -0.7% | -$3,760 | n/a |
| 49453Saugatuck | $633,000 | $1,000* | 1.9% | -0.8% | -$3,812 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +4.8%
- Rent, 12 months
- +6.6%
- Rent minus price growth
- +1.8 pts
- Property tax
- 1.08%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $269,306 | n/a |
| Aug 2022 | $297,364 | n/a |
| Aug 2023 | $301,875 | n/a |
| Aug 2024 | $319,634 | n/a |
| Aug 2025 | $332,167 | $1,389 |
| Aug 2026 | $348,048 | $1,480 |
HUD Fair Market Rent
FY2027, Allegan County, MI
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $984 | $991 | $1,296 | $1,586 | $1,862 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 8.5
- 387 units, last 12 months
- National percentile
- 66th
- among US counties
Tools
Test a listing in Allegan County against today's rate.
Open the calculatorPart of the Holland, MI metro.
Questions
- Is Allegan County good for rental property?
- The typical home here runs -$1,296 a month at 7.78% with 25% down. 0 of 1 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.3%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Allegan County?
- About 1.08% of value, from Census ACS median taxes paid over median home value. On a $348,000 home that is about $3,759 a year.
- What is Fair Market Rent in Allegan County?
- HUD's FY2027 Fair Market Rent here is $991 for a 1-bedroom, $1,296 for a 2-bedroom and $1,586 for a 3-bedroom. Typical cash flow at today's rate is -$1,296 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.