A typical Enterprise home is worth roughly $169,000
What kind of housing town is Enterprise?
Read from the numbers below. The page puts what stands out first.
59% of Enterprise households own their home
Half of Enterprise’s homes were built before 1977.
Michigan: 73% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
What it takes to buy in Enterprise
Try your own numbers below.
That covers a typical Enterprise home, with $102K to spare.
A two-bedroom rents for about $970 a month here, $90 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Michigan typical property tax (1.25% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $970
Renters already here pay a median of $870, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Missaukee County, MI): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Enterprise vs. its neighbors
Enterprise is the least expensive of 4 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Enterprise | $169K* | — | $970 | — | $47,000 |
| Lake | $299K* | +13.7%† | $970 | 6 | $63,295 |
| West Branch | — | +9.1%† | $990 | — | $58,917 |
| Norwich | $170K* | +9.1%† | $990 | — | $58,750 |
| Lyon | $211K* | +11.8%† | $1,010 | 4 | $68,472 |
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 Enterprise buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
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.