Example household · $83,730 · same pay · 1 adult

Midland

Housing in Midland, MI: Rent, Home Prices & Property Tax

$2,425 left/mo

$947/mo (1 bd) in Midland. Median home $184,300. Property tax 1.50%.

Rent (1-bedroom)
$947
/mo
Buy
$1,404
Mortgage, tax, insurance
Buying costs more
$457
/mo

To buy

  • 20% down payment$36,860
  • Mortgage at 7.24%$1,005
  • Property tax (1.50% of value)$230/mo · $2,765/yr
  • Insurance and upkeep$169
  • Monthly total$1,404

Months to 20% down

$2,425 left each month. About 16 months (1.3 years) to save $36,860.

Rent is Zillow asking rent. The price is the Census median home value. The mortgage is a 30-year fixed at 7.24%, the Freddie Mac PMMS average for the week of Oct 29, 2026, with 20% down.

Guide: state tax and rent when you compare cities

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