Housing in Gilford

A typical Gilford home is worth roughly $167,000

Typical home value

$167K

MI $266K

Estimate

2-bedroom rent

$1,050

a month, utilities in · HUD

Median tax bill

$1,837

MI $2,904

What kind of housing town is Gilford?

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

Your money goes further37% below the Michigan typical home.A town of owners95% of households own their home.Older homesThe typical home was built around 1951.

★ What stands out · Affordability

A typical home costs 2.4 years of income

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

You could afford about

$269,000

Typical Gilford home $167K

That covers a typical Gilford home, with $102K to spare.

The typical home, each month

$1,030

Loan $830Tax $150Insurance $50

A two-bedroom rents for about $1,050 a month here, $20 more than owning.

Where your budget reaches nearby

Wisner$133K Fairgrove$159K Merritt$155K Denmark$166K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Gilford’s typical property tax (1.10% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

95% of Gilford households own their home

Half of Gilford’s homes were built before 1951.

Owners and renters

Own 95%Rent 5%

Michigan: 73% own.

1951

typical home built · MI 1972

$1,837

median property tax bill · MI $2,904

1.10%

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

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Renting

A two-bedroom rents for about $1,050

Renters already here pay a median of $850, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$730

1 bedroom$840

2 bedrooms$1,050

3 bedrooms$1,380

4 bedrooms$1,520

of households rent · MI 27%

renter households

$850

median rent paid today · Census

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

Gilford vs. its neighbors

Gilford is the priciest of 5 neighboring towns. Tap one to see its housing page.

Gilford$167K Denmark$166K Fairgrove$159K Merritt$155K Wisner$133K

Compare more

Town	Typical value	1-yr change	2-bed rent	New homes 2025	Median income
Gilford	$167K*	—	$1,050	—	$70,938
Wisner	$133K*	—	$1,020	—	$61,406
Fairgrove	$159K	+4.7%	$1,030	—	$50,625
Merritt	$155K*	−0.3%†	$1,110	0	$88,750
Denmark	$166K*	+7.1%†	$1,010	—	$70,720

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 Gilford buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Gilford 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.