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RE Intelligence

Rental numbers for Muskegon County, MI

The typical home here runs -$849 a month at 7.78% with 25% down, breaking even at about 0.0%. 0 of 3 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 7.5%.

Gross yield
6.0%
typical home, Zillow
Median ZIP yield
7.5%
3 ZIPs with full data
Cash flow
-$849/mo
at 7.78%, 25% down
Typical price
$258,000
Zillow ZHVI, Aug 2026
Typical rent
$1,282/mo
Zillow ZORI, Aug 2026

ZIP codes in Muskegon County

13 with published figures

49444Norton Shores$194,000$1,3078.1%4.2%-$371n/a
49442Muskegon$186,000$1,1557.5%3.6%-$438+7.2%
49441Roosevelt Park$260,000$1,3266.1%2.6%-$833+12.2%
49445Muskegon$302,000$1,460*5.8%2.5%-$999n/a
49318Casnovia$315,000$1,520*5.8%2.7%-$999n/a
49457Twin Lake$285,000$1,260*5.3%2.0%-$1,051n/a
49303Bailey$297,000$1,300*5.3%2.2%-$1,060n/a
49415Fruitport$341,000$1,410*5.0%1.9%-$1,307n/a
49451Ravenna$305,000$1,240*4.9%1.7%-$1,203n/a
49425Holton$260,000$1,040*4.8%1.7%-$1,039n/a
49437Montague$281,000$1,040*4.4%1.1%-$1,262n/a
49461Whitehall$337,000$1,130*4.0%1.0%-$1,539n/a
49440Muskegon$353,000$1,040*3.5%0.6%-$1,725n/a

* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.

Trends

Five years to August 2026

Price, 12 months
+4.5%
Rent, 12 months
+7.3%
Rent minus price growth
+2.8 pts
Property tax
1.18%
effective rate, ACS 2024
Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021
9010011012013014020222023202420252026
Show the numbers
MonthTypical valueRent
Aug 2021$201,826$925
Aug 2022$228,083$1,013
Aug 2023$227,744$1,035
Aug 2024$241,014$1,137
Aug 2025$246,630$1,195
Aug 2026$257,798$1,282

HUD Fair Market Rent

FY2027, Muskegon-Norton Shores, MI MSA

BedroomsStudio1 bed2 bed3 bed4 bed
Fair Market Rent$937$982$1,285$1,534$1,689

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
5.4
368 units, last 12 months
National percentile
51th
among US counties

Tools

Test a listing in Muskegon County against today's rate.

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Part of the Muskegon, MI metro.

Questions

Is Muskegon County good for rental property?
The typical home here runs -$849 a month at 7.78% with 25% down, breaking even at about 0.0%. 0 of 3 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 7.5%. 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 Muskegon County?
About 1.18% of value, from Census ACS median taxes paid over median home value. On a $258,000 home that is about $3,052 a year.
What is Fair Market Rent in Muskegon County?
HUD's FY2027 Fair Market Rent here is $982 for a 1-bedroom, $1,285 for a 2-bedroom and $1,534 for a 3-bedroom. Typical cash flow at today's rate is -$849 a month.

Sources and method

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.