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Frankenmuth, MI

Full City Profile · Michigan · Tuscola County County

3.8 /5.0
B+ Good
5,108 Population 1,637/sq mi density
$84,583 Median Income $52,627 per capita
$277,600 Home Value $309,860 Zillow
$814 Median Rent 19.7% income on rent
47°F Avg Temperature 261 sunny days/yr
92 Violent Crime/100K 989 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$84,583 median income, 3.4% unemployment
A+
Affordability
4.8 / 5.0
$277,600 home value, $814/mo rent
F
Safety
1.0 / 5.0
92 violent crimes/100K
A+
Education
4.9 / 5.0
48.9% bachelor's degree or higher

Housing Overview

Median Home Value
$277,600
2% below
US avg: $281,900
Median Rent
$814/mo
30% below
US avg: $1,163/mo
Homeownership Rate
69.1%
6% above US avg (65.4%)
Total Housing Units
2,549
Median year built: 1974

Home Value by Source

Census Median
$277,600
Zillow (ZHVI)
$309,860
Median Sale Price
$291,888
Median List Price
$277,450
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

69.1%
Owner-Occupied
30.9%
Renter-Occupied
69%
31%
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: $814/mo

Market Indicators (Redfin)

Median Days on Market
106 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$146
Active Inventory
10
homes for sale

Affordability & Housing Stock

Rent Burden
19.7%
of renters spending 30%+ of income on housing
36% below US avg (31.0%)
Median Year Built
1974
Average age of housing stock: 52 years
Homeownership Rate
69.1%

Complete Housing Data

Home Values

Census Median Value$277,600
Zillow Home Value (ZHVI)$309,860
Median Sale Price$291,888
Median List Price$277,450
Price Per Sq Ft$146

Rent

Census Median Rent$814
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 Market106
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold4
Active Inventory10
Price Per Sq Ft$146

Ownership & Stock

Owner-Occupied69.1%
Renter-Occupied30.9%
Homeownership Rate69.1%
Total Housing Units2,549
Median Year Built1974
Rent Burden19.7%