Housing in Boyne Valley

A typical Boyne Valley home is worth roughly $203,000

Typical home value

$203K

MI $266K

Estimate

2-bedroom rent

$1,050

a month, utilities in · HUD

Median tax bill

$1,994

MI $2,904

What kind of housing town is Boyne Valley?

Read from the numbers below. The page puts what stands out first.

A second-home town31% of homes are seasonal or vacation homes.Your money goes further24% below the Michigan typical home.

★ What stands out · The homes

82% of Boyne Valley households own their home

Half of Boyne Valley’s homes were built before 1984.

Owners and renters

Own 82%Rent 18%

Michigan: 73% own.

1984

typical home built · MI 1972

$1,994

median property tax bill · MI $2,904

0.98%

of a home’s value, a year in tax · MI 1.25%

31%

of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024.

Affordability

A typical home costs 2.7 years of income

Less than across Michigan (3.7 years). Try your own numbers below.

You could afford about

$296,000

Typical Boyne Valley home $203K

That covers a typical Boyne Valley home, with $93K to spare.

The typical home, each month

$1,230

Loan $1,010Tax $170Insurance $60

A two-bedroom rents for about $1,050 a month here, $180 less than owning.

Where your budget reaches nearby

Boyne City$421K Wilson$300K Hudson$222K Melrose$263K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Boyne Valley’s typical property tax (0.98% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,050

Renters already here pay a median of $932, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$740

1 bedroom$810

2 bedrooms$1,050

3 bedrooms$1,440

4 bedrooms$1,610

18%

of households rent · MI 27%

112

renter households

24%

of renters spend 30%+ of income on rent · MI 50%

16%

of the median income, for a two-bedroom

$932

median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Antrim County, MI): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Boyne Valley vs. its neighbors

Boyne Valley is the least expensive of 5 neighboring towns. Tap one to see its housing page.

Boyne City$421K Wilson$300K Melrose$263K Hudson$222K Boyne Valley$203K

Compare more

Town	Typical value	1-yr change	2-bed rent	Median income
Boyne Valley	$203K*	—	$1,050	$76,653
Boyne City	$421K	+3.4%	$1,110	$64,855
Wilson	$300K*	+1.6%†	$1,050	$94,844
Hudson	$222K*	—	$1,080	$74,911
Melrose	$263K*	—	$1,070	$97,059
Warner	—	+22.8%†	$1,070	$75,469

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Boyne Valley buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Boyne Valley still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.