Rental numbers for Gratiot County, MI
Zillow does not publish enough data to estimate cash flow for this county.
- Gross yield
- n/a
- no Zillow rent index
- Median ZIP yield
- n/a
- 0 ZIPs with full data
- Cash flow
- n/a
- at 7.78%, 25% down
- Typical price
- $182,000
- Zillow ZHVI, Aug 2026
- Typical rent
- n/a
- Zillow ZORI, Aug 2026
ZIP codes in Gratiot County
11 with published figures
| 48856Middleton | $158,000 | $970* | 7.4% | 3.9% | -$338 | n/a |
| 48880Saint Louis | $169,000 | $1,030* | 7.3% | 3.3% | -$441 | n/a |
| 48806Ashley | $194,000 | $1,140* | 7.1% | 3.3% | -$511 | n/a |
| 48801Alma | $167,000 | $970* | 7.0% | 2.8% | -$518 | n/a |
| 48615Wheeler | $180,000 | $1,030* | 6.9% | 2.9% | -$531 | n/a |
| 48662Wheeler | $190,000 | $1,030* | 6.5% | 2.5% | -$630 | n/a |
| 48889Sumner | $214,000 | $1,080* | 6.0% | 2.8% | -$652 | n/a |
| 48877Riverdale | $195,000 | $980* | 6.0% | 2.4% | -$665 | n/a |
| 48847Ithaca | $199,000 | $970* | 5.9% | 2.3% | -$684 | n/a |
| 48832Elwell | $204,000 | $980* | 5.8% | 2.5% | -$682 | n/a |
| 48871Perrinton | $287,000 | $1,150* | 4.8% | 1.9% | -$1,095 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +7.5%
- Rent, 12 months
- n/a
- Rent minus price growth
- n/a
- Property tax
- 1.24%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value |
|---|---|
| Aug 2021 | $158,985 |
| Aug 2022 | $165,293 |
| Aug 2023 | $169,349 |
| Aug 2024 | $166,877 |
| Aug 2025 | $169,815 |
| Aug 2026 | $182,482 |
HUD Fair Market Rent
FY2027, Gratiot County, MI
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $726 | $778 | $1,018 | $1,344 | $1,454 |
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
- 2.6
- 38 units, last 12 months
- National percentile
- 30th
- among US counties
Tools
Test a listing in Gratiot County against today's rate.
Open the calculatorPart of the Alma, MI metro.
Questions
- Is Gratiot County good for rental property?
- Zillow does not publish enough data to estimate cash flow for this county. 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 Gratiot County?
- About 1.24% of value, from Census ACS median taxes paid over median home value. On a $182,000 home that is about $2,259 a year.
- What is Fair Market Rent in Gratiot County?
- HUD's FY2027 Fair Market Rent here is $778 for a 1-bedroom, $1,018 for a 2-bedroom and $1,344 for a 3-bedroom.
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.