Rental numbers for the Muskegon, MI metro
The typical home here runs -$838 a month at 7.78% with 25% down, breaking even at about 0.2%. 0 of 3 ZIP codes with full Zillow data in this metro 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
- -$838/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 the metro
13 with published figures
| 49444Norton Shores | $194,000 | $1,307 | 8.1% | 4.2% | -$371 | n/a |
| 49442Muskegon | $186,000 | $1,155 | 7.5% | 3.6% | -$438 | +7.2% |
| 49441Roosevelt Park | $260,000 | $1,326 | 6.1% | 2.6% | -$833 | +12.2% |
| 49445Muskegon | $302,000 | $1,460* | 5.8% | 2.5% | -$999 | n/a |
| 49318Casnovia | $315,000 | $1,520* | 5.8% | 2.7% | -$999 | n/a |
| 49457Twin Lake | $285,000 | $1,260* | 5.3% | 2.0% | -$1,051 | n/a |
| 49303Bailey | $297,000 | $1,300* | 5.3% | 2.2% | -$1,060 | n/a |
| 49415Fruitport | $341,000 | $1,410* | 5.0% | 1.9% | -$1,307 | n/a |
| 49451Ravenna | $305,000 | $1,240* | 4.9% | 1.7% | -$1,203 | n/a |
| 49425Holton | $260,000 | $1,040* | 4.8% | 1.7% | -$1,039 | n/a |
| 49437Montague | $281,000 | $1,040* | 4.4% | 1.1% | -$1,262 | n/a |
| 49461Whitehall | $337,000 | $1,130* | 4.0% | 1.0% | -$1,539 | n/a |
| 49440Muskegon | $353,000 | $1,040* | 3.5% | 0.6% | -$1,725 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +4.5%
- Rent, 12 months
- +7.3%
- Rent minus price growth
- +2.8 pts
- Property tax
- 1.13%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $201,866 | $925 |
| Aug 2022 | $228,116 | $1,013 |
| Aug 2023 | $227,756 | $1,035 |
| Aug 2024 | $241,022 | $1,137 |
| Aug 2025 | $246,641 | $1,195 |
| Aug 2026 | $257,800 | $1,282 |
Counties
- Muskegon County, MI7.5% median yield
Tools
Questions
- Is the Muskegon, MI metro good for rental property?
- The typical home here runs -$838 a month at 7.78% with 25% down, breaking even at about 0.2%. 0 of 3 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 7.5%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Muskegon, MI metro have the highest rental yield?
- 49444 (Norton Shores) at 8.1%, 49442 (Muskegon) at 7.5%, 49441 (Roosevelt Park) at 6.1%, on Zillow value and rent. The full table above sorts by any column.
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.
- 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.
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.