Cost of Living in Hillsdale County, Michigan

$801/mo
Median Monthly Rent
$170,500
Median Home Value

At a Glance

Median Monthly Rent
$801/mo
8% below state average
Median Home Value
$170,500
40% below national
Rent-to-Income Ratio
27.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Hillsdale County Compares

Median monthly rent comparison

Hillsdale County$801/mo
Michigan Average$873/mo
National Median$1,163/mo

Detailed Housing Stats

$801/mo
Median Gross Rent
$170,500
Median Home Value
$850/mo
Monthly Owner Cost
27.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Hillsdale County ranks #2,061 of 3,144 counties for affordability (bottom 34%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Hillsdale County, Michigan

Below-average affordability burden

Hillsdale County's rent-to-income ratio of 15.8% sits comfortably below the national average, meaning renters here retain more of their earnings than typical Americans. With a median household income of $60,869 and median rent of $801, the county achieves solid housing affordability despite incomes trailing the national median of $74,755.

Slightly better than Michigan average

Hillsdale ranks marginally below Michigan's state rent-to-income average of 16.3%, offering modest affordability gains over most of the state. At $801 per month, median rent undercuts the state average of $873 by $72, providing meaningful monthly relief.

Affordable middle tier in the region

Hillsdale's $801 rent positions it between Gratiot ($808) and Genesee ($936), offering competitive affordability for south-central Michigan. The median household income of $60,869 also clusters close to Gratiot ($61,128) and Genesee ($60,673), reflecting similar economic profiles.

15.8% of earnings toward rent

Renters spend $801 monthly while homeowners face $850 in costs, both reasonable portions of the $60,869 median household income. Hillsdale demonstrates that modest-income counties can achieve acceptable affordability through restrained housing costs.

Solid choice for Midwest affordability

Hillsdale County offers balanced housing costs and community stability for working families throughout south-central Michigan. Compared to pricier Grand Traverse, Hillsdale delivers meaningful savings; compared to cheaper Gladwin, it offers more robust job and income opportunities.

Cost of Living Advisory: Hillsdale County

Affordability Verdict

Hillsdale County is affordable for renters, with a median gross rent of $801/month representing approximately 15.8% of median household income. The rent burden (GRAPI) stands at 27.0%.

Rent vs. Own

The median rent in Hillsdale County is $801/month, while owner costs run $850/month. Renting saves approximately $49/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $32,040/year. For owner costs at the 28% rule, the required income is roughly $36,429/year. With a median household income of $60,869, most households can comfortably afford rent here. Notably, 27.0% of renter households in Hillsdale County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Hillsdale County sits 8% more expensive than Dickinson County ($744/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Hillsdale County

$

Rent Burden

15.8%

of gross income

Max Housing (28% Rule)

$1,420

per month

Owner Cost Burden

16.8%

of gross income

You can likely afford the median home in Hillsdale County

Median home value is $170,500. Estimated monthly cost: $1,361 vs. your max of $1,420.

Rent Affordability Guide

Your rent-to-income ratio15.8%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $60,869Needed: $32,040
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $60,869Needed: $36,429
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $60,869Needed: $39,680

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Hillsdale County, Michigan?
Hillsdale County, Michigan has a median monthly rent of $801/mo and a median home value of $170,500. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.
What is the median rent in Hillsdale County?
The median gross rent in Hillsdale County is $801/mo. This is 8% below state average for Michigan.
Is Hillsdale County affordable?
Hillsdale County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Hillsdale County's rent compare to the state average?
Hillsdale County's median rent of $801/mo is 8% below state average of $873/mo for Michigan.
What is the median home value in Hillsdale County?
The median home value in Hillsdale County, Michigan is $170,500. This is 40% below the national median home value of $281,900.

Counties with Similar Housing Costs

Sponsored

Planning a Move?

Researching the cost of living in Hillsdale County, Michigan? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes
Sponsored

Compare Mortgage Rates in Hillsdale County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates
By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.