Housing in Rock River

A typical Rock River home is worth roughly $214,000

Typical home value

$214K

MI $266K

Estimate

2-bedroom rent

$1,070

a month, utilities in · HUD

Median tax bill

$1,686

MI $2,904

What kind of housing town is Rock River?

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

A town of owners98% of households own their home.Your money goes further20% below the Michigan typical home.

★ What stands out · The homes

98% of Rock River households own their home

Half of Rock River’s homes were built before 1974.

Owners and renters

Own 98%Rent 2%

Michigan: 73% own.

1974

typical home built · MI 1972

$1,686

median property tax bill · MI $2,904

0.79%

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

14%

of homes are seasonal or vacation homes

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

Affordability

A typical home costs 3.4 years of income

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

You could afford about

$249,000

Typical Rock River home $214K

That covers a typical Rock River home, with $35K to spare.

The typical home, each month

$1,260

Loan $1,060Tax $140Insurance $60

A two-bedroom rents for about $1,070 a month here, $190 less than owning.

Where your budget reaches nearby

Skandia$236K Au Train$241K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Rock River’s typical property tax (0.79% 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 $1,070

Renters already here pay a median of $713, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$750

1 bedroom$840

2 bedrooms$1,070

3 bedrooms$1,280

4 bedrooms$1,450

of households rent · MI 27%

renter households

100%

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

20%

of the median income, for a two-bedroom

$713

median rent paid today · Census

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

Rock River vs. its neighbors

Rock River is the least expensive of 3 neighboring towns. Tap one to see its housing page.

Au Train$241K Skandia$236K Rock River$214K

Compare more

Town	Typical value	1-yr change	2-bed rent	Median income
Rock River	$214K*	—	$1,070	$63,235
Skandia	$236K	+9%	$1,140	$69,485
Au Train	$241K	+11.8%	$1,120	$64,015

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 Rock River buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Rock River 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.