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Boyne Falls, MI
Full City Profile · Michigan · Otsego County County
2.7
/5.0
C+
Fair
315
Population
563/sq mi density
$46,250
Median Income
$31,319 per capita
$160,400
Home Value
$356,743 Zillow
$821
Median Rent
30.8% income on rent
47°F
Avg Temperature
270 sunny days/yr
106
Violent Crime/100K
1,273 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$46,250 median income, 2.6% unemployment
A+
Affordability
4.7 / 5.0
$160,400 home value, $821/mo rent
F
Safety
1.0 / 5.0
106 violent crimes/100K
D
Education
1.7 / 5.0
8.8% bachelor's degree or higher
Housing Overview
Median Home Value
$160,400
43% below
US avg: $281,900
Median Rent
$821/mo
29% below
US avg: $1,163/mo
Homeownership Rate
75.6%
16% above US avg (65.4%)
Total Housing Units
198
Median year built: 1961
Home Value by Source
Census Median
$160,400
Zillow (ZHVI)
$356,743
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
75.6%
Owner-Occupied
24.4%
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:
$821/mo
Affordability & Housing Stock
Rent Burden
30.8%
of renters spending 30%+ of income on housing
1% below US avg (31.0%)
Median Year Built
1961
Average age of housing stock: 65 years
Homeownership Rate
75.6%
Complete Housing Data
Home Values
| Census Median Value | $160,400 |
| Zillow Home Value (ZHVI) | $356,743 |
Rent
| Census Median Rent | $821 |
| 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 | 75.6% |
| Renter-Occupied | 24.4% |
| Homeownership Rate | 75.6% |
| Total Housing Units | 198 |
| Median Year Built | 1961 |
| Rent Burden | 30.8% |