Boyne City, MI
Full City Profile · Michigan · Antrim County County
4.2
/5.0
A
Great
3,829
Population
948/sq mi density
$68,087
Median Income
$40,077 per capita
$233,900
Home Value
$420,820 Zillow
$893
Median Rent
32.1% income on rent
47°F
Avg Temperature
A
Overall
4.2 / 5.0
Strong
B+
Economy
3.7 / 5.0
$68,087 median income, 6.2% unemployment
A+
Affordability
4.8 / 5.0
$233,900 home value, $893/mo rent
A
Education
4.0 / 5.0
37.8% bachelor's degree or higher
Housing Overview
Median Home Value
$233,900
17% below
US avg: $281,900
Median Rent
$893/mo
23% below
US avg: $1,163/mo
Homeownership Rate
71.3%
9% above US avg (65.4%)
Total Housing Units
2,332
Median year built: 1976
Home Value by Source
Census Median
$233,900
Zillow (ZHVI)
$420,820
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
71.3%
Owner-Occupied
28.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent:
$893/mo
Affordability & Housing Stock
Rent Burden
32.1%
of renters spending 30%+ of income on housing
4% above US avg (31.0%)
Median Year Built
1976
Average age of housing stock: 50 years
Homeownership Rate
71.3%
Complete Housing Data
Home Values
| Census Median Value | $233,900 |
| Zillow Home Value (ZHVI) | $420,820 |
Rent
| Census Median Rent | $893 |
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
Ownership & Stock
| Owner-Occupied | 71.3% |
| Renter-Occupied | 28.7% |
| Homeownership Rate | 71.3% |
| Total Housing Units | 2,332 |
| Median Year Built | 1976 |
| Rent Burden | 32.1% |