Real Estate Investing in Rhodes, Michigan

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 1,877 • Gladwin County

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Should you buy in Rhodes, MI? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (80/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Rhodes, MI?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.2% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $223,005
Avg Monthly Rent $1,197
ZIP Codes 1

Investing in Rhodes Real Estate

Across Rhodes's 1 ZIPs, the picture is muted: $223K median values, $1,197/mo rents, and a population that has faced real economic pressure.

The investment case for Rhodes is difficult to make on screen data alone. better suited elsewhere for a 3.0 rating and a cap rate of 0.0% that looks fine only until you underwrite the vacancy.

Transaction volume in Rhodes has thinned in a way that amplifies price discovery risk. Looking more closely, investors without local context should treat every number on the page with skepticism.

Demographics in Rhodes show real pressure — median income of $N/AK is underwhelming relative to rents, and the 0% renter share includes significant cost-burdened households.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Bay City, MI

Rhodes is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$223,005
Avg Monthly Rent
$1,197
1% Rule
✗ Below
Landlord Friendly (MI)

📉 Market Crash Risk Index

Based on Bay City, MI metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
42%
Days Pending
0/2
35 days

View all metro crash risk rankings →

⚖️ Balanced Market — Bay City, MI metro
35
Days to pending
11.4%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Rhodes, MI

Screen every ZIP in Rhodes

Filter Rhodes’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Rhodes, MI

What is the investability score for Rhodes, MI?

Yes - Rhodes, MI a 3.0/5 investability score. With $223K home prices against $1,197/mo monthly rent, the market delivers a reasonable entry point for new investors.

Should investors worry about vacancy in Rhodes, MI?

Rhodes, MI sees elevated vacancy, which is reasonable relative to the broader MI rental market.

What real estate strategy is ideal for Rhodes, MI?

For Rhodes, MI, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.

Is Rhodes, MI good for house hacking?

House hacking in Rhodes, MI is a challenging. With home values around $223K and rents at $1,197/mo, owner-occupants can offset a meaningful share of PITI.

What is the typical rental rate in Rhodes, MI?

The typical rental in Rhodes, MI commands about $1,197/mo monthly. That rent profile reliable cash flow against the $223K purchase basis.

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