Housing in Drummond

A typical Drummond home is worth roughly $273,000

Typical home value

$273K

MI $266K

Estimate

2-bedroom rent

$1,060

a month, utilities in · HUD

Median tax bill

$2,405

MI $2,904

What kind of housing town is Drummond?

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

A second-home town57% of homes are seasonal or vacation homes.A town of owners94% of households own their home.

★ What stands out · The homes

94% of Drummond households own their home

Half of Drummond’s homes were built before 1992.

Owners and renters

Own 94%Rent 6%

Michigan: 73% own.

1992

typical home built · MI 1972

$2,405

median property tax bill · MI $2,904

0.88%

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

57%

of homes are seasonal or vacation homes

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

Affordability

A typical home costs 4.1 years of income

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

You could afford about

$262,000

Typical Drummond home $273K

That’s $12K short of a typical Drummond home.

The typical home, each month

$1,630

Loan $1,350Tax $200Insurance $80

A two-bedroom rents for about $1,060 a month here, $570 less than owning.

Where your budget reaches nearby

Detour$226K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Drummond’s typical property tax (0.88% 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 $1,060

Renters already here pay a median of $408, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$730

1 bedroom$820

2 bedrooms$1,060

3 bedrooms$1,270

4 bedrooms$1,400

of households rent · MI 27%

renter households

36%

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

19%

of the median income, for a two-bedroom

$408

median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Chippewa 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

Drummond vs. its neighbors

The towns that share a border with Drummond. Tap one to see its housing page.

Drummond$273K Detour$226K

Compare more

Town	Typical value	1-yr change	2-bed rent	Median income
Drummond	$273K*	—	$1,060	$67,232
Detour	$226K*	—	$1,050	$55,463

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 Drummond buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Drummond still affordable for young families?

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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.