Housing in Wheatland

A typical Wheatland home is worth roughly $183,000

Typical home value

$183K

MI $266K

Estimate

2-bedroom rent

$1,100

a month, utilities in · HUD

Median tax bill

$1,883

MI $2,904

What kind of housing town is Wheatland?

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

Your money goes further31% below the Michigan typical home.A town of owners93% of households own their home.

★ 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

$287,000

Typical Wheatland home $183K

That covers a typical Wheatland home, with $104K to spare.

The typical home, each month

$1,120

Loan $910Tax $160Insurance $50

A two-bedroom rents for about $1,100 a month here, $20 less than owning.

Where your budget reaches nearby

Adams$164K Pittsford$205K Somerset$251K Rollin$225K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Wheatland’s typical property tax (1.03% 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

93% of Wheatland households own their home

Half of Wheatland’s homes were built before 1977.

Owners and renters

Own 93%Rent 7%

Michigan: 73% own.

1977

typical home built · MI 1972

$1,883

median property tax bill · MI $2,904

1.03%

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.

Renting

A two-bedroom rents for about $1,100

Renters already here pay a median of $830, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$760

1 bedroom$840

2 bedrooms$1,100

3 bedrooms$1,380

4 bedrooms$1,490

of households rent · MI 27%

renter households

47%

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

18%

of the median income, for a two-bedroom

$830

median rent paid today · Census

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

Wheatland vs. its neighbors

Wheatland is the 2nd least expensive of 5 neighboring towns. Tap one to see its housing page.

Somerset$251K Rollin$225K Pittsford$205K Wheatland$183K Adams$164K

Compare more

Town	Typical value	1-yr change	2-bed rent	New homes 2025	Median income
Wheatland	$183K*	—	$1,100	—	$74,783
Adams	$164K*	+2.7%†	$1,030	—	$58,021
Pittsford	$205K	+7.9%	$1,110	—	$70,625
Somerset	$251K*	+10.4%†	$1,160	12	$89,303
Rollin	$225K*	+7%†	$1,070	9	$79,736

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 Wheatland buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Wheatland 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.