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Spring Lake, MI
Full City Profile · Michigan · Ottawa County County
3.6
/5.0
B+
Good
2,530
Population
2,024/sq mi density
$75,000
Median Income
$56,896 per capita
$271,100
Home Value
$420,946 Zillow
$947
Median Rent
45.1% income on rent
48°F
Avg Temperature
260 sunny days/yr
145
Violent Crime/100K
1,969 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$75,000 median income, 1.3% unemployment
A+
Affordability
4.6 / 5.0
$271,100 home value, $947/mo rent
F
Safety
1.0 / 5.0
145 violent crimes/100K
A
Education
4.4 / 5.0
42.2% bachelor's degree or higher
Housing Overview
Median Home Value
$271,100
4% below
US avg: $281,900
Median Rent
$947/mo
19% below
US avg: $1,163/mo
Homeownership Rate
88.1%
35% above US avg (65.4%)
Total Housing Units
1,423
Median year built: 1962
Home Value by Source
Census Median
$271,100
Zillow (ZHVI)
$420,946
Median Sale Price
$287,000
Median List Price
$404,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
88.1%
Owner-Occupied
11.9%
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:
$947/mo
· Zillow rent:
$1,565/mo
Market Indicators (Redfin)
Median Days on Market
4 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
33.3%
of listings with price reduction
Price Per Sq Ft
$208
Active Inventory
18
homes for sale
Affordability & Housing Stock
Rent Burden
45.1%
of renters spending 30%+ of income on housing
45% above US avg (31.0%)
Median Year Built
1962
Average age of housing stock: 64 years
Homeownership Rate
88.1%
Complete Housing Data
Home Values
| Census Median Value | $271,100 |
| Zillow Home Value (ZHVI) | $420,946 |
| Median Sale Price | $287,000 |
| Median List Price | $404,900 |
| Price Per Sq Ft | $208 |
Rent
| Census Median Rent | $947 |
| Zillow Rent (ZORI) | $1,565 |
| 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 | 4 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 33.3% |
| Homes Sold | 1 |
| Active Inventory | 18 |
| Price Per Sq Ft | $208 |
Ownership & Stock
| Owner-Occupied | 88.1% |
| Renter-Occupied | 11.9% |
| Homeownership Rate | 88.1% |
| Total Housing Units | 1,423 |
| Median Year Built | 1962 |
| Rent Burden | 45.1% |