Housing in Broomfield

A typical Broomfield home is worth roughly $196,000

Typical home value

$196K

MI $266K

Estimate

2-bedroom rent

$1,050

a month, utilities in · HUD

Median tax bill

$1,844

MI $2,904

What kind of housing town is Broomfield?

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

Your money goes further26% below the Michigan typical home.

★ What stands out · Affordability

A typical home costs 3 years of income

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

You could afford about

$252,000

Typical Broomfield home $196K

That covers a typical Broomfield home, with $55K to spare.

The typical home, each month

$1,180

Loan $970Tax $150Insurance $60

A two-bedroom rents for about $1,050 a month here, $130 less than owning.

Where your budget reaches nearby

Sherman$157K Deerfield$237K Lake Isabella$268K Wheatland$189K Rolland$210K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Broomfield’s typical property tax (0.94% 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 $1,063.

Fair Market Rent a month, utilities included

Studio$850

1 bedroom$870

2 bedrooms$1,050

3 bedrooms$1,360

4 bedrooms$1,450

15%

of households rent · MI 27%

renter households

67%

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

19%

of the median income, for a two-bedroom

$1,063

median rent paid today · Census

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

The homes

86% of Broomfield households own their home

Half of Broomfield’s homes were built before 1988.

Owners and renters

Own 86%Rent 15%

Michigan: 73% own.

1988

typical home built · MI 1972

$1,844

median property tax bill · MI $2,904

0.94%

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

14%

of homes are seasonal or vacation homes

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

Next door

Broomfield vs. its neighbors

Broomfield is the 3rd least expensive of 6 neighboring towns. Tap one to see its housing page.

Lake Isabella$268K Deerfield$237K Rolland$210K Broomfield$196K Wheatland$189K Sherman$157K

Compare more

Town	Typical value	1-yr change	2-bed rent	New homes 2025	Median income
Broomfield	$196K*	—	$1,050	—	$65,048
Sherman	$157K*	+12.3%†	$1,130	—	$61,406
Deerfield	$237K*	+5.8%†	$1,030	16	$96,667
Lake Isabella	$268K	+5.5%	$1,210	7	$77,500
Wheatland	$189K*	—	$980	—	$55,000
Rolland	$210K*	—	$1,200	—	$55,000

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 Broomfield buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Broomfield 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.