Housing in Millbrook

A typical Millbrook home is worth roughly $195,000

Typical home value

$195K

MI $266K

Estimate

2-bedroom rent

$1,170

a month, utilities in · HUD

Median tax bill

$2,171

MI $2,904

What kind of housing town is Millbrook?

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

Your money goes further27% below the Michigan typical home.

★ What stands out · Affordability

A typical home costs 2.8 years of income

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

You could afford about

$268,000

Typical Millbrook home $195K

That covers a typical Millbrook home, with $73K to spare.

The typical home, each month

$1,200

Loan $970Tax $180Insurance $60

A two-bedroom rents for about $1,170 a month here, $30 less than owning.

Where your budget reaches nearby

Hinton$156K Wheatland$189K Belvidere$174K Rolland$210K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Millbrook’s typical property tax (1.11% 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 $1,170

Renters already here pay a median of $792, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$920

1 bedroom$980

2 bedrooms$1,170

3 bedrooms$1,500

4 bedrooms$1,580

14%

of households rent · MI 27%

renter households

69%

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

20%

of the median income, for a two-bedroom

$792

median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Montcalm County, MI HUD Metro FMR Area): 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 Millbrook households own their home

Half of Millbrook’s homes were built before 1988.

Owners and renters

Own 86%Rent 14%

Michigan: 73% own.

1988

typical home built · MI 1972

$2,171

median property tax bill · MI $2,904

1.11%

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.

Next door

Millbrook vs. its neighbors

Millbrook is the 2nd priciest of 5 neighboring towns. Tap one to see its housing page.

Rolland$210K Millbrook$195K Wheatland$189K Belvidere$174K Hinton$156K

Compare more

Town	Typical value	1-yr change	2-bed rent	New homes 2017	Median income
Millbrook	$195K*	—	$1,170	—	$70,655
Hinton	$156K*	+3.1%†	$1,040	—	$60,368
Wheatland	$189K*	—	$980	—	$55,000
Belvidere	$174K*	+4.6%†	$1,280	—	$59,891
Rolland	$210K*	—	$1,200	0	$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 Millbrook buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Millbrook 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.