Housing · Census ACS 2023
Housing Costs in Michigan
Median home price
$236,100
#39 of 51 · 33% below US median
Median rent
$1,101/mo
#32 of 51 · 15% below US median
Michigan Housing — FAQ
- What is the median home price in Michigan?
- The median home value in Michigan is $236,100 — 33% below the US median of $351,822 (Census ACS 2023). Michigan ranks #39 of 51 for home prices.
- What is the average rent in Michigan?
- The median gross rent in Michigan is $1,101 per month — 15% below the US median of $1,300.
- Is Michigan expensive to live in?
- For housing, Michigan ranks #39 of 51 by home price and #32 by rent (1 = most expensive). Use our cost-of-living tools to compare total living costs.
Data source: U.S. Census Bureau — American Community Survey (ACS) 1-Year Estimates. See all states ranked or our methodology.