Housing in Lincoln

A typical Lincoln home is worth roughly $170,000

Typical home value

$170K

MI $266K

Estimate

2-bedroom rent

$1,040

a month, utilities in · HUD

Median tax bill

$1,800

MI $2,904

What kind of housing town is Lincoln?

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

Your money goes further36% below the Michigan typical home.A town of owners90% of households own their home.

★ What stands out · Affordability

A typical home costs 3.6 years of income

About the same as across Michigan. Try your own numbers below.

You could afford about

$179,000

Typical Lincoln home $170K

That covers a typical Lincoln home, with $9K to spare.

The typical home, each month

$1,040

Loan $840Tax $150Insurance $50

A two-bedroom rents for about $1,040 a month here, $0 less than owning.

Where your budget reaches nearby

Dwight$120K Meade$138K Verona$224K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Lincoln’s typical property tax (1.06% 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

90% of Lincoln households own their home

Half of Lincoln’s homes were built before 1966.

Owners and renters

Own 90%Rent 10%

Michigan: 73% own.

1966

typical home built · MI 1972

$1,800

median property tax bill · MI $2,904

1.06%

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

of homes are seasonal or vacation homes

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 $1,040

Renters already here pay a median of $892, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$740

1 bedroom$860

2 bedrooms$1,040

3 bedrooms$1,280

4 bedrooms$1,380

10%

of households rent · MI 27%

renter households

$892

median rent paid today · Census

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

Lincoln vs. its neighbors

Lincoln is the 2nd priciest of 4 neighboring towns. Tap one to see its housing page.

Verona$224K Lincoln$170K Meade$138K Dwight$120K

Compare more

Town	Typical value	1-yr change	2-bed rent	Median income
Lincoln	$170K*	—	$1,040	$46,875
Dwight	$120K*	—	$970	$47,917
Meade	$138K*	—	$1,050	$73,571
Verona	$224K*	+7.8%†	$970	$59,904

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 Lincoln buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Lincoln 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.