Saginaw, MI Metro Area - Investment Guide
Metro Area • 14 Cities • 20 ZIP Codes
Avg Home Value
$199,474
Avg Monthly Rent
$1,058
Avg Cap Rate
5.62%
Avg Investability
3.3 ★
Cities
14
ZIP Codes
20
This metro is one of hundreds you can screen side by side — filter by the numbers that matter and get alerts when they move. See plans →
Market Trends
Metro Home Value History
Metro Rent History
🏦 30-yr Fixed Rate:
7.28%
as of Oct 1
Source: Freddie Mac PMMS
❄️
COOL MARKET
Saginaw, MI Metro Area
More inventory, negotiating room for buyers
40 days
Average time to sell
Average
10.9%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅
Market conditions data as of September 19, 2026 — updated weekly
Best ZIP codes in Saginaw, MI
Every ZIP in the metro, ranked four ways. Free.
Cities in Saginaw, MI
Bannister
Michigan
1 ZIPs
Birch Run
Michigan
1 ZIPs
Brant
Michigan
1 ZIPs
Bridgeport
Michigan
1 ZIPs
Burt
Michigan
1 ZIPs
Chesaning
Michigan
1 ZIPs
Frankenmuth
Michigan
1 ZIPs
Freeland
Michigan
1 ZIPs
Hemlock
Michigan
1 ZIPs
Merrill
Michigan
1 ZIPs
Oakley
Michigan
1 ZIPs
Reese
Michigan
1 ZIPs
Saginaw
Michigan
10 ZIPs
Saint Charles
Michigan
1 ZIPs
Top ZIP Codes by Investability
| ZIP Code | City | State | Home Value | Rent | Cap Rate | Rating |
|---|---|---|---|---|---|---|
| 48601 | Saginaw | MI | $61,279 | $931 | 11.85% | |
| 48602 | Saginaw | MI | $81,789 | $934 | 8.91% | |
| 48601 | Saginaw | MI | $59,363 | $1,124 | 14.77% | |
| 48602 | Saginaw | MI | $85,057 | $1,085 | 9.95% | |
| 48601 | Saginaw | MI | $54,660 | $931 | 13.28% | |
| 48602 | Saginaw | MI | $78,092 | $965 | 9.64% | |
| 48601 | Saginaw | MI | $61,486 | $1,124 | 14.26% | |
| 48602 | Saginaw | MI | $85,656 | $990 | 9.02% | |
| 48601 | Saginaw | MI | $56,492 | $875 | 12.08% | |
| 48602 | Saginaw | MI | $80,234 | $1,019 | 9.91% | |
| 48601 | Saginaw | MI | $62,797 | $931 | 11.56% | |
| 48602 | Saginaw | MI | $85,343 | $951 | 8.69% | |
| 48601 | Saginaw | MI | $56,492 | $875 | 12.08% | |
| 48602 | Saginaw | MI | $80,234 | $1,019 | 9.91% | |
| 48604 | Saginaw | MI | $135,162 | $1,071 | 6.18% | |
| 48607 | Saginaw | MI | $35,955 | $1,089 | 23.62% | |
| 48607 | Saginaw | MI | $40,548 | $1,005 | 19.33% | |
| 48607 | Saginaw | MI | $37,160 | $1,160 | 24.35% | |
| 48604 | Saginaw | MI | $131,265 | $1,071 | 6.36% | |
| 48607 | Saginaw | MI | $36,571 | $1,089 | 23.23% | |
| 48607 | Saginaw | MI | $38,742 | $1,158 | 23.30% | |
| 48604 | Saginaw | MI | $135,162 | $1,071 | 6.18% | |
| 48607 | Saginaw | MI | $35,955 | $1,089 | 23.62% | |
| 48607 | Saginaw | MI | $40,381 | $1,158 | 22.36% | |
| 48638 | Saginaw | MI | $192,866 | $1,017 | 4.11% | |
| 48757 | Reese | MI | $226,364 | $927 | 3.19% | |
| 48616 | Chesaning | MI | $215,216 | $873 | 3.16% | |
| 48415 | Birch Run | MI | $235,418 | $1,062 | 3.52% | |
| 48649 | Oakley | MI | $180,801 | $873 | 3.77% | |
| 48417 | Burt | MI | $204,078 | $1,116 | 4.27% | |
| 48655 | Saint Charles | MI | $192,358 | $873 | 3.54% | |
| 48807 | Bannister | MI | $183,988 | $918 | 3.89% | |
| 48623 | Freeland | MI | $298,844 | $1,850 | 4.83% | |
| 48626 | Hemlock | MI | $248,280 | $981 | 3.08% | |
| 48722 | Bridgeport | MI | $170,861 | $1,008 | 4.60% | |
| 48609 | Saginaw | MI | $208,346 | $972 | 3.64% | |
| 48614 | Brant | MI | $201,543 | $1,098 | 4.25% | |
| 48637 | Merrill | MI | $203,040 | $927 | 3.56% | |
| 48734 | Frankenmuth | MI | $312,124 | $891 | 2.23% | |
| 48603 | Saginaw | MI | $226,542 | $1,117 | 3.84% | |
| 48757 | Reese | MI | $210,562 | $927 | 3.43% | |
| 48616 | Chesaning | MI | $203,199 | $873 | 3.35% | |
| 48638 | Saginaw | MI | $201,716 | $1,200 | 4.64% | |
| 48604 | Saginaw | MI | $139,243 | $1,071 | 6.00% | |
| 48807 | Bannister | MI | $160,737 | $918 | 4.45% | |
| 48623 | Freeland | MI | $282,681 | $1,197 | 3.30% | |
| 48415 | Birch Run | MI | $243,695 | $1,062 | 3.40% | |
| 48649 | Oakley | MI | $191,763 | $873 | 3.55% | |
| 48417 | Burt | MI | $212,170 | $1,116 | 4.10% | |
| 48655 | Saint Charles | MI | $203,976 | $873 | 3.34% |
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →Free to search · investor plans from $19/mo
The wrong ZIP kills a good deal — screen every market.
Open the Market Finder →
About Saginaw, MI Real Estate Market
The Saginaw, MI metropolitan statistical area (MSA) encompasses 14 cities and 20 ZIP codes. The average home value across the metro is $199,474, with an average monthly rent of $1,058. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.