Housing costs in Holt?
A typical home costs
$227,900, which is 32.6% less expensive than the national average of
$338,100 and 4.2% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Holt costs
$1,110 per month, which is 22.4% cheaper than the national average of
$1,430 and close to the state average of
$1,100.
Can I afford Holt?
To live comfortably in Holt (zip 48842), Michigan, a minimum annual income of
$43,560 for a family, and
$36,000 for a single person is recommended.
What does A.I. say about Holt?
The cost of living in 48842 Holt, MI is quite affordable. Home prices remain relatively low while rental costs are also good bargains. The average home price in Holt is around $152,000 which is much lower than the national average and it is possible to find plenty of homes well below that. Rental costs vary based on size and location but most people can expect to pay between $650 - $800 a month for a two bedroom apartment or home in the area. Utility costs are also very reasonable with an average electric bill being around $90 per month. All in all, the cost of living in Holt, MI is quite affordable compared to many other areas of the country.