Midland
Michigan · Ranked #17 of 373 metros
93Affordable
💡
Housing in Midland costs 2.68× the median income, below the national average of 4.5×. The median home price is $196K and median rent is $894/month. Midland ranks #17 of 373 metros for affordability.
Median Home Price
🏠$196K
Need $58K income
Median Rent
🔑$894
Need $36K income
Building Permits
🔨314
annual
Median Income
💰$73K
Pop: 90,475
Rent Burden
⚠️28.4%
of renters paying >30%
Homeownership
🏡77.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Midland | National |
|---|---|---|
| Price-to-Income Ratio | 2.68x | 6.1x |
| Rent Burden | 28.4% | 31.5% |
| Homeownership Rate | 77.0% | 65.5% |
| YoY Rent Change | 0% | +2.8% |
| Mortgage Denial Rate | 0.0% | 13.5% |
| Eviction Rate | 0.0% | 3.6% |
House Price Index (2000–2025)
FHFA All-Transactions HPI
Since 2019: +68%Since 2000: +110.1%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$907/mo
1 Bedroom$925/mo
2 Bedroom$1,193/mo
3 Bedroom$1,518/mo
4 Bedroom$1,682/mo
Zillow Market Data
Home Value (ZHVI)
$324K
1yr: +2.6%5yr: +14.2%
Rent (ZORI)
$1,585/mo
1yr: +2.8%5yr: +40.3%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$209K
Active Inventory
4
Days on Market
22
Sold Above List
50.0%
Price Drops
25.0%