Hubbardston: Housing & Real Estate
$128,400 is the median home value in Hubbardston (estimated market value runs 14% higher at $146,472), with median rent $840 (about the same as Ionia County median $884; 1.3× below Michigan median $1,129). Homeownership rate: 95.2%. That's 1.5× below the Ionia County median ($198,500); 1.8× below the Michigan median ($231,600). Market is warm. Vacancy rate 8.3%. New construction makes up 3.1% of stock. A municipal building code is in effect.
- 1.5× annual income — home value vs. household income (vs Michigan 3.0×).
- 12.7 years to break even renting at the median (vs Michigan 15y).
- 4-BR rent is 1.7× a studio — rent gradient by unit size.
- Median rent 33% below HUD 2-BR FMR — local market vs federal subsidy benchmark.
Home Values & Rent
Median home value $128,400 — 0.7× the Michigan median ($193,400). Median rent $840/month. homeownership rate 95.2% — above the U.S. share of ~65%.
| Affordability · Price To Income Ratio | 1.5× |
|---|---|
| Affordability · Rent To Income Pct | 12.0% |
| Affordability · Affordable | Yes |
| Affordability · Interpretation | very affordable |
| Fair Market Rent · Studio rent | $973 (vs Michigan $1,009) |
| Fair Market Rent · One-bedroom rent | $1,012 (vs Michigan $1,122) |
| Fair Market Rent · Two-bedroom rent | $1,268 (vs Michigan $1,411) |
| Fair Market Rent · Three-bedroom rent | $1,627 (vs Michigan $1,724) |
| Fair Market Rent · Four-bedroom rent | $1,679 (vs Michigan $1,868) |
| Fair Market Rent · HUD FMR area | Lansing-East Lansing, MI MSA |
| Fair Market Rent · Fiscal year | FY2026 |
| Home Value Estimate | $146,472 |
| Median Home Value | $128,400 (vs Michigan $193,400) |
| Median Rent | $840 (vs Michigan $1,101) |
Sources: HUD FMR FY2026 · Census ACS 5-Year 2023, B25077 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Tenure & Occupancy
Owner-occupied vs renter-occupied housing units, plus vacancy rates.
| Housing Market · Market temperature | warm |
|---|---|
| Housing Market · Vacancy rate | 8.3% |
| Housing Market · New construction (% of stock) | 3.1% |
| Housing Market · Price Appreciation 2Yr | 5.8% |
Utilities
Electricity, water, and broadband infrastructure serving residents. Broadband percentages reflect the share of premises that can subscribe to service at the listed speed (FCC Form 477).
Systems (5)
| Broadband · % of premises with 25/3 Mbps broadband | 100.0% (at Michigan median) |
|---|---|
| Broadband · % of premises with 100/20 Mbps broadband | 100.0% (at Michigan median) |
| Broadband · % of premises with 250/25 Mbps broadband | 100.0% (at Michigan median) |
| Broadband · % of premises with 1 Gbps / 100 Mbps broadband | 44.3% (vs Michigan 60.4%) |
| Broadband · Broadband-capable premises | 176 |
| Electricity · Electricity rate (¢/kWh) | 19.30¢/kWh |
| Electricity · Customers | 4516367 |
| Electricity · Revenue Millions | $6,466 |
| Electricity · Year | 2024 |
| Mobile Broadband · 3G mobile coverage | 0.000000000 |
| Mobile Broadband · 4G mobile coverage | 1.000000000 (at Michigan median) |
| Mobile Broadband · 5G mobile coverage | 0.944444444 (vs Michigan 100.0%) |
| Mobile Home Parks Detail · County total | 12 |
Sources: FCC BDC Jun 2025 · EIA Annual Retail Sales 2023 · FCC BDC Mobile 2024 · HIFLD / IRS BMF · Refreshed 2026-04-12
Other
| Homeownership Rate | 95.2% (vs Michigan 65.9%) |
|---|---|
| Median Year Built | 1948 |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12