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Breckenridge, MI
Full City Profile · Michigan · Gratiot County County
3.4
/5.0
B
Good
1,411
Population
1,147/sq mi density
$56,779
Median Income
$29,223 per capita
$107,000
Home Value
$169,095 Zillow
$738
Median Rent
27.2% income on rent
48°F
Avg Temperature
260 sunny days/yr
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$56,779 median income, 4.0% unemployment
A+
Affordability
5.0 / 5.0
$107,000 home value, $738/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C
Education
2.2 / 5.0
15.1% bachelor's degree or higher
Housing Overview
Median Home Value
$107,000
62% below
US avg: $281,900
Median Rent
$738/mo
37% below
US avg: $1,163/mo
Homeownership Rate
70.1%
7% above US avg (65.4%)
Total Housing Units
591
Median year built: 1964
Home Value by Source
Census Median
$107,000
Zillow (ZHVI)
$169,095
Median Sale Price
$29,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
70.1%
Owner-Occupied
29.9%
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:
$738/mo
Market Indicators (Redfin)
Median Days on Market
13 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
16.7%
of listings with price reduction
Price Per Sq Ft
$45
Active Inventory
6
homes for sale
Affordability & Housing Stock
Rent Burden
27.2%
of renters spending 30%+ of income on housing
12% below US avg (31.0%)
Median Year Built
1964
Average age of housing stock: 62 years
Homeownership Rate
70.1%
Complete Housing Data
Home Values
| Census Median Value | $107,000 |
| Zillow Home Value (ZHVI) | $169,095 |
| Median Sale Price | $29,900 |
| Price Per Sq Ft | $45 |
Rent
| Census Median Rent | $738 |
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
| Days on Market | 13 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 16.7% |
| Homes Sold | 1 |
| Active Inventory | 6 |
| Price Per Sq Ft | $45 |
Ownership & Stock
| Owner-Occupied | 70.1% |
| Renter-Occupied | 29.9% |
| Homeownership Rate | 70.1% |
| Total Housing Units | 591 |
| Median Year Built | 1964 |
| Rent Burden | 27.2% |