Rental numbers for Saginaw County, MI
The typical home here runs -$490 a month at 7.78% with 25% down, breaking even at about 1.6%. 2 of 3 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 9.8%.
- Gross yield
- 7.3%
- typical home, Zillow
- Median ZIP yield
- 9.8%
- 3 ZIPs with full data
- Cash flow
- -$490/mo
- at 7.78%, 25% down
- Typical price
- $177,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,076/mo
- Zillow ZORI, Aug 2026
ZIP codes in Saginaw County
19 with published figures
| 48607Saginaw | $41,000 | $1,023 | 29.9% | 20.1% | +$465 | n/a |
| 48601Saginaw | $62,000 | $1,090* | 21.2% | 13.4% | +$355 | n/a |
| 48602Saginaw | $86,000 | $1,090* | 15.1% | 8.4% | +$141 | n/a |
| 48604Saginaw | $145,000 | $1,670 | 13.8% | 8.1% | +$198 | n/a |
| 48722Bridgeport | $180,000 | $1,120* | 7.4% | 3.3% | -$474 | n/a |
| 48417Burt | $211,000 | $1,240* | 7.0% | 3.0% | -$603 | n/a |
| 48614Brant | $219,000 | $1,220* | 6.7% | 2.7% | -$686 | n/a |
| 48807Bannister | $184,000 | $1,020* | 6.7% | 2.5% | -$605 | n/a |
| 48638Saginaw | $204,000 | $1,130* | 6.7% | 2.7% | -$644 | n/a |
| 48637Merrill | $207,000 | $1,030* | 6.0% | 2.0% | -$773 | n/a |
| 48609Saginaw | $219,000 | $1,080* | 5.9% | 2.0% | -$819 | n/a |
| 48649Oakley | $198,000 | $970* | 5.9% | 2.2% | -$696 | n/a |
| 48415Birch Run | $243,000 | $1,180* | 5.8% | 2.4% | -$815 | n/a |
| 48603Saginaw | $233,000 | $1,106 | 5.7% | 1.9% | -$881 | +9.3% |
| 48655Saint Charles | $207,000 | $970* | 5.6% | 1.9% | -$792 | n/a |
| 48616Chesaning | $218,000 | $970* | 5.3% | 1.6% | -$884 | n/a |
| 48623Freeland | $303,000 | $1,330* | 5.3% | 1.9% | -$1,163 | n/a |
| 48626Hemlock | $255,000 | $1,090* | 5.1% | 1.6% | -$1,034 | n/a |
| 48734Frankenmuth | $326,000 | $990* | 3.6% | 0.6% | -$1,602 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +5.7%
- Rent, 12 months
- +8.7%
- Rent minus price growth
- +3.0 pts
- Property tax
- 1.49%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $126,781 | $787 |
| Aug 2022 | $140,749 | $864 |
| Aug 2023 | $148,377 | $881 |
| Aug 2024 | $156,764 | $935 |
| Aug 2025 | $167,136 | $990 |
| Aug 2026 | $176,678 | $1,076 |
HUD Fair Market Rent
FY2027, Saginaw, MI MSA
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $795 | $893 | $1,141 | $1,466 | $1,500 |
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
- 2.2
- 170 units, last 12 months
- National percentile
- 27th
- among US counties
Tools
Test a listing in Saginaw County against today's rate.
Open the calculatorPart of the Saginaw, MI metro.
Questions
- Is Saginaw County good for rental property?
- The typical home here runs -$490 a month at 7.78% with 25% down, breaking even at about 1.6%. 2 of 3 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 9.8%. 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 Saginaw County?
- About 1.49% of value, from Census ACS median taxes paid over median home value. On a $177,000 home that is about $2,641 a year.
- What is Fair Market Rent in Saginaw County?
- HUD's FY2027 Fair Market Rent here is $893 for a 1-bedroom, $1,141 for a 2-bedroom and $1,466 for a 3-bedroom. Typical cash flow at today's rate is -$490 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.