CostBy County

Cost of Living in Midland County, Michigan

$1,016/mo
Median Monthly Rent
$195,400
Median Home Value

At a Glance

Median Monthly Rent
$1,016/mo
12% above state average
Median Home Value
$195,400
41% below national
Census GRAPI
30.7%
Median gross rent as % of renter income

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

Affordability Rating
Stretched
Median gross rent is 30–50% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How Midland County Compares

Median monthly rent comparison

Midland County$1,016/mo
Michigan Average$906/mo
National Median$1,413/mo

Detailed Housing Stats

$1,016/mo
Median Gross Rent
$195,400
Median Home Value
$1,019/mo
Monthly Owner Cost
30.7%
Census GRAPI

National Ranking

Affordability Rank

Midland County ranks #2,224 of 3,142 counties for affordability (bottom 29%)

Most AffordableLeast Affordable

Sourced county brief

Midland County Median Monthly Owner Costs Reach $1,019

In Midland County, the median selected monthly owner costs for all owner-occupied units were $1,019, which is above the Michigan unweighted county mean of $918. The median home value in the county was estimated at $195,400, slightly below the state unweighted county mean of $197,293. For renters, the median gross rent was $1,016 per month, exceeding the state unweighted county mean of $906. The official ACS B25071 GRAPI, representing the median gross rent as a percentage of household income, was 30.7%. This figure is 1.8 percentage points higher than the state unweighted county mean of 28.9%. The median income for renter households was recorded at $38,527. These data points provide a statistical overview of housing-related costs for both owners and renters as of the 2020-2024 survey period. See ACS table B25088 for the underlying estimate.

Cost of Living Advisory: Midland County

Affordability Verdict

ACS B25071 estimates median gross rent at 30.7% of renter household income in Midland County, which is between the 30% and 50% rent-burden benchmarks. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $1,016 per month; median selected monthly owner costs are $1,019. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $40,640 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The Michigan unweighted mean of county median rents is $906 per month. Midland County's $1,016 median is 12.2% above that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Midland County

$

Rent Burden

15.7%

of gross income

Max Housing (28% Rule)

$1,813

per month

Owner Cost Burden

15.7%

of gross income

You can likely afford the median home in Midland County

Median home value is $195,400. Estimated monthly cost: $1,560 vs. your max of $1,813.

Rent Affordability Guide

Your entered rent as a share of entered income15.7%
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: $77,705Needed: $40,640
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $77,705Needed: $43,671
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $77,705Needed: $45,475

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 Midland County, Michigan?
Midland County, Michigan has a median monthly rent of $1,016/mo and a median home value of $195,400. The affordability rating is Stretched, with median gross rent equal to approximately 30.7% of renter household income.
What is the median rent in Midland County?
The median gross rent in Midland County is $1,016/mo. This is 12% above state average for Michigan.
Is Midland County affordable?
Midland County is rated Stretched using the Census median gross-rent-as-a-percentage-of-income measure of 30.7%. Median gross rent is 30–50% of renter household income.
How does Midland County's rent compare to the state average?
Midland County's median rent of $1,016/mo is 12% above state average of $906/mo for Michigan.
What is the median home value in Midland County?
The median home value in Midland County, Michigan is $195,400. This is 41% below the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

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