HousingHandbookReference data

U.S. ZIP Code · MI48850

Montcalm County · Grand Rapids-Wyoming-Kentwood, MI

Typical home value

$221,606[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+7.5%
5-year / yr
+4.6%
10-year / yr
+7.4%

Relative price

vs U.S.
-22.0%
vs metro
-27.7%
vs state
-7.3%
ZIP 48850 location in MI
Location of ZIP 48850 in MI

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 48850 is worth $221,606 — 27.7% below the Grand Rapids-Wyoming-Kentwood, MI median. Over the past year, values have risen 7.5%. The effective property tax rate is 1.1%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.1%[3]
Typical annual tax
$2,472[3]

#Climate risk

FEMA National Risk Index ratings for Montcalm County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Low[4]
Riverine flood
Relatively Low
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
No Rating
Heat wave
Very Low
Hurricane
Very Low
Tornado
Relatively Moderate
Earthquake
Very Low
Winter weather
Relatively High

#Who lives here

Population
4,659[3]
Median household income
$68,047[3]

#Migration

Household moves in and out of Montcalm County over a year, from IRS tax-return data.

Net migration
+127[5]
Moved in
1,903
Moved out
1,776

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
3
Elementary
1
Middle
1
High
1
  • Lakeview High School

    High · Grades 8–12 · Lakeview Community Schools (Montcalm)

    374 students

  • Lakeview Middle School

    Middle · Grades 4–7 · Lakeview Community Schools (Montcalm)

    328 students

  • Lakeview Elementary School

    Elementary · Grades PK–3 · Lakeview Community Schools (Montcalm)

    307 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,121
Loan principal$177,285
Down payment$44,321
Total interest paid$226,117

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$1,512
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
12th percentile[1]
Rental yield
[2]
Property tax
88th percentile[3]

Frequently asked

How much is a home worth in ZIP code 48850?
The typical home in 48850 is worth $221,606, based on the Zillow Home Value Index.
Are home values rising in 48850?
Home values in 48850 are up 7.5% over the past year, and up 4.6% a year over five years.
What is the property tax rate in 48850?
The effective property tax rate in 48850 is 1.1% — roughly $2,472 a year on a typical home.
Who lives in 48850?
ZIP code 48850 has a population of 4,659 and a median household income of $68,047.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Sheridan, MI

    Typical home
    $220,861
    Gross yield
  • Stanton, MI

    Typical home
    $224,023
    Gross yield
  • Ionia, MI

    Typical home
    $225,966
    Gross yield
  • Nashville, MI

    Typical home
    $217,029
    Gross yield
  • Trufant CDP, MI

    Typical home
    $232,385
    Gross yield
  • MI

    Typical home
    $235,994
    Gross yield

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