US5.com
  1. Home
  2. States
  3. Michigan
  4. ZIP 48846
  5. Housing & Real Estate
Ionia city, MI

ZIP 48846 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 48846

Median Home Value
$172,300
Median Rent
$748
Affordability Snapshot
$47,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,107/mo PITI).

13%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.6x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

19.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 48846 in Ionia city, MI, a household would need roughly $47,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,107. That sits below the local median household income ($66,717), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
69.8%+7% vs US avg
x
Vacancy Rate
6.0%-42% vs US avg
x
Broadband Access
86.4%-1% vs US avg
x
4+ Bedrooms
2.6%-83% vs US avg
x
Built Pre-1939
8.8%-31% vs US avg
x
Built Post-2014
1.5%-79% vs US avg
x
Rent Burden >30%
22.0%-56% vs US avg
x
Mortgage-Free
34.8%-9% vs US avg
x
$172,300
Home Value
$748
Rent
1964
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached66.9%
  • 1-unit attached1.5%
  • 2-9 units9.7%
  • 10+ units7.3%
  • Mobile home & other14.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$172,300
Median rent$748
Owner-occupied69.8%
Vacant6.0%
Price-to-income2.6x
Est. income to buy$47,000