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Cost of Living in Allendale, MI

Population 26,679 · Census ACS 2020–2024 5-year estimates

Median rent$1,111
Median home value$307,900
Median household income$70,150

The median rent in Allendale, MI is $1,111/month, about the same as the Michigan median and 21% lower than the U.S. median. The median home value is $307,900, 7% lower than the national median. Households earn a median of $70,150 a year, 4% lower than the state median.

Affordability

Rent as a share of median income: 19.0%
Income needed for median rent (30% rule): $44,440/yr
Home price-to-income ratio: 4.4×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,557/mo

Run your own numbers: mortgage calculator · hourly to salary

Allendale vs. Michigan vs. U.S.

AllendaleMichiganU.S.
Median rent$1,111$1,129$1,413
Median home value$307,900$231,600$332,700
Median household income$70,150$72,875$80,734
Homeownership rate52.8%73.2%65.2%
Bachelor's degree or higher42.6%32.4%35.7%
Poverty rate29.8%13.2%12.5%
Unemployment rate7.6%5.7%5.2%
Work from home8.6%13.5%15.1%
Median age21.540.238.9

FAQ

What is the average rent in Allendale, MI?

The median gross rent in Allendale, MI is $1,111 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Allendale, MI?

Using the common 30% rule, renting a median-priced home takes about $44,440 a year in gross income.

Is Allendale, MI expensive to live in?

Rent there is 21% lower than the U.S. median, and the median home costs about 4.4 times the median household income.

Other cities in Michigan

Detroit, MIRent $1,074 · Income $39,938Grand Rapids, MIRent $1,266 · Income $69,108Warren, MIRent $1,225 · Income $64,016Sterling Heights, MIRent $1,292 · Income $79,909Ann Arbor, MIRent $1,649 · Income $82,212Lansing, MIRent $993 · Income $54,382

Cities with a similar cost of living

Rapid City, SDRent $1,109 · Income $70,870Pittsfield, MARent $1,134 · Income $70,582Grand Junction, CORent $1,142 · Income $70,080Helena, MTRent $1,092 · Income $71,036Parma, OHRent $1,087 · Income $69,295Sierra Vista, AZRent $1,150 · Income $70,291

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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