Allegan County, Michigan Housing Market Prices
Allegan County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 20% above the Michigan median$166,666
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Median rent 3% below the Michigan median More expensive than 88% of counties in Michigan$1,100
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Allegan County | Michigan Avg | US Average |
|---|---|---|---|
| Median Home Price | $166,666 | $138,713 | $248,835 |
| Price Trend (Annual %) | 8.3% | 8.6% | 7.5% |
| Median Gross Rent | $1,100 | $1,129 | $1,407 |
| Rent Trend (Annual %) | 4.8% | 4.5% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Allegan County is about 20% higher than in Michigan. Rent is about 3% lower than the Michigan average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Allegan County, up about 8.3% and 4.8% a year respectively. Home prices are changing faster.
Median rent in Allegan County rose about 49.0% between 2015 and 2024, from $738 to $1,100. Over the same span, rent in Michigan rose about 44.2%.
Affordability
On average, housing unit costs 2.0 yearly household incomes in Allegan County.
Buying the median-priced home in Allegan County costs roughly 12.6 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Allegan County. The price-to-rent ratio in Michigan is about 10.2.
| Metric | Allegan County | Michigan Avg | US Average |
|---|---|---|---|
| Median Home Price | $166,666 | $138,713 | $248,835 |
| Median Household Income | $83,773 | $72,977 | $80,455 |
| Price-to-Income Ratio | 2.0 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Allegan County rose about 69.2%, while median household income rose about 52.6% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Allegan County | Michigan Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 75.6% | 64.6% | 58.5% |
| Rental Rate | 10.9% | 23.6% | 31.2% |
| Vacancy Rate | 13.5% | 11.8% | 10.2% |
| Median Tenure (years) | 17.0 | 16.0 | 15.0 |
| Median Year Moved In | 2009 | 2010 | 2011 |
Allegan County has a homeownership rate of 75.6%, higher than the Michigan average of 64.6%. Its housing vacancy rate is 13.5%, compared with 11.8% in Michigan.
Housing Stock
| Metric | Allegan County | Michigan Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.64 people | 2.42 people | 2.53 people |
| Median Structure Built Year | 1980 | 1972 | 1978 |
| Median Number of Rooms | 6.2 | 5.9 | 5.5 |
The typical housing unit in Allegan County was built around 1980. On average, 2.6 people live in a home with about 6.2 rooms, staying for about 17.0 years on average.
Allegan County, MI Housing Compared With Nearby Counties
Allegan County, MI is the 4th largest of the 6 counties compared here, 121,456 residents against a local median of 153,288. Allegan County, MI's median rent, at $1,100, runs 17% above the $942 typical of the counties around it.
The counties themselves spread $340 on median rent, so Allegan County, MI sits at one end of an already wide local range rather than apart from it. Allegan County, MI has the 2nd highest median rent of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Allegan County, MI | 121,456 | $166,666 #4/6 | $1,100 #2/6 | 87.4% #1/6 |
| Van Buren County, MI | 75,795 | $177,987 | $870 | 80.6% |
| Ottawa County, MI | 301,203 | $259,210 | $1,210 | 79.3% |
| Berrien County, MI | 153,288 | $278,301 | $942 | 72.8% |
| Muskegon County, MI | 175,961 | $145,731 | $1,028 | 78.1% |
| Cass County, MI | 51,520 | $113,846 | $916 | 81.6% |
Frequently Asked Questions
Common questions about the housing market in Allegan County, Michigan.
What is the median home price in Allegan County, Michigan?
The median home price in Allegan County, Michigan is $166,666, higher than the Michigan average of $138,713.
What is the average home price in Allegan County, Michigan?
The typical home price in Allegan County, Michigan, reported as the median sale price, is $166,666. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Allegan County, Michigan?
The median gross rent in Allegan County, Michigan is $1,100 per month, lower than the Michigan average of $1,129.
What was the median gross rent in Allegan County in 2020?
In 2020, the median gross rent in Allegan County, Michigan was $838 per month.
What is the price-to-rent ratio in Allegan County, Michigan?
The price-to-rent ratio in Allegan County, Michigan is about 12.6, meaning it would take roughly 12.6 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Allegan County.
Are home prices or rent rising faster in Allegan County, Michigan?
Both home prices and rent are rising in Allegan County, up about 8.3% and 4.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Allegan County, Michigan?
75.6% of households in Allegan County, Michigan own their home, higher than the Michigan average of 64.6%.
What is the vacancy rate in Allegan County, Michigan?
The housing vacancy rate in Allegan County, Michigan is 13.5%, higher than the Michigan average of 11.8%.
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