In Allegan, a typical home is worth $176,600 and typical rent is $1,115 a month. Compared with all of Allegan County, typical household income is 36% lower, the typical home value is 34% lower, and the share of households that own their home is 19 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $217,243 to $280,121.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
Allegan is in Allegan County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Allegan County. See the county
What this place has that others do not, from public data, most unusual first.
1
Allegan has the 6th largest share of rent-burdened renters of the 168 cities in Michigan with more than 5,000 people (69%).
2
69% of households in Allegan own their home, against 87% in Allegan County.
3
The typical household income in Allegan is $52,925,36% less than in Allegan County as a whole ($83,283).
4
The typical home in Allegan is worth $176,600,34% less than in Allegan County as a whole ($267,100).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Allegan
What homes there are in Allegan, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Allegan
Allegan County
Michigan
United States
Kind of home: Allegan and its comparisons
Measure
Allegan
Allegan County
Michigan
United States
Detached house
69%
78%
72%
61%
Attached house
Unreliable estimate
4%
5%
6%
Building of 2 to 4
Unreliable estimate
3%
5%
8%
Apartments (5 or more)
Unreliable estimate
5%
13%
19%
Mobile home
Unreliable estimate
11%
5%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
Detached houses are the majority in Allegan (69%), but less so than in Allegan County (78%).
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Allegan
Allegan County
Michigan
United States
Year built: Allegan and its comparisons
Measure
Allegan
Allegan County
Michigan
United States
Before 1960
57%
28%
36%
26%
1960–1979
Unreliable estimate
20%
26%
24%
1980–1999
Unreliable estimate
27%
22%
25%
2000–2009
19%
15%
10%
14%
2010 or later
Unreliable estimate
10%
6%
11%
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200K51%
$200K–$300K40%
$300K–$500KUnreliable
$500K–$750KUnreliable
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Allegan and its comparisons
Measure
Allegan
Under $100K
Unreliable estimate
$100K–$200K
51%
$200K–$300K
40%
$300K–$500K
Unreliable estimate
$500K–$750K
Unreliable
$750K–$1M
Unreliable estimate
$1M or more
Unreliable
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,49964%
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Allegan and its comparisons
Measure
Allegan
Under $500
Unreliable estimate
$500–$999
Unreliable estimate
$1,000–$1,499
64%
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable
$2,500–$2,999
Unreliable
$3,000 or more
Unreliable
With a mortgage
$1,183 a month
Allegan County: $1,523 a month
Without a mortgage
$558 a month
Allegan County: $575 a month
Owners with a mortgage
68%
Allegan County: 57%
The typical cost for an owner with a mortgage in Allegan is $1,183 a month, less than in Allegan County ($1,523); without one, $558.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Allegan+45%
Allegan County+62%
Michigan+50%
United States+53%
Typical rent
Allegan+34%
Allegan County+35%
Michigan+30%
United States+33%
Typical household income
AlleganNo clear change
Allegan County+32%
Michigan+28%
United States+29%
Change since 2015–2019: Allegan and its comparisons
Measure
Allegan
Allegan County
Michigan
United States
Typical home value
+45%
+62%
+50%
+53%
Typical rent
+34%
+35%
+30%
+33%
Typical household income
No clear change
+32%
+28%
+29%
From 2015–2019 to 2020–2024, the typical home value in Allegan rose 45%; in Allegan County, it rose 62%.
Rents in Allegan rose at about the same pace as in Allegan County: 34% since 2015–2019, against 35%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Allegan and its comparisons
Measure
Allegan
Allegan County
Michigan
United States
Rental vacancy
Unreliable estimate
Unreliable estimate
5.1%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
0.8%
0.9%
More than one person per room
Unreliable estimate
2.3%
1.6%
3.4%
People per household
2.57
2.64
2.42
2.53
Drive alone
76%
79%
74%
69%
Carpool
Unreliable estimate
8%
8%
9%
Public transit
Unreliable estimate
0%
1%
3%
Walk or bike
Unreliable estimate
2%
2%
3%
Work from home
Unreliable estimate
10%
14%
15%
Other means
Unreliable estimate
1%
1%
2%
Typical commute
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
By size, households in Allegan look like those in Allegan County: 2.57 people on average.
In Allegan, 76% of workers drive alone to work; in Allegan County, 79%.
Do the math
What would you pay each month for a home in Allegan?
A typical home is tight for the typical income
We start with a typical home in Allegan, worth $176,600, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 33% of the typical household income in Allegan, which is $52,925 a year. For that payment to be 28% of income, a household would need to earn about $62,521 a year.
The calculator's FHA and conventional loan limits are those of all of Allegan County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Allegan. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $6,181 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$1,459
at 7.18% · 30 years
Loan amount
$173,401
Total interest
$249,484
Paid off in
November 2056
Includes $2,982 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,235 a month
Tight
$1,235 to $1,588 a month
Your payment · 33%
Hard
more than $1,588 a month
Compared with the typical household income in Allegan ($52,925 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,175
Property tax
$132
Home insurance
$74
FHA mortgage insurance (MIP)
$78
You need at least $6,181 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $1,459; principal and interest $1,175.
The city and its county
Allegan and Allegan County
Allegan is in Allegan County, Michigan. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Allegan
Map of Allegan County, Michigan, with Allegan marked. Around it, the neighboring counties.
Allegan
Allegan County
Other cities with a page
Allegan's own numbers
Typical home value
$176,600
Typical monthly rent
$1,115
Typical yearly household income
$52,925
Households that own their home
69%
Effective property tax rate
0.9%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Allegan County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,296
Price change over 5 years (FHFA)
+60%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Allegan County.
A typical home in Allegan is worth $176,600: 34% below the county and 24% below Michigan. With the typical household income in Allegan ($52,925 a year), a typical home costs 3.3 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Allegan3.3 years
County3.2 years
Michigan3.2 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Allegan County
According to FHFA’s house price index, home prices in Allegan County rose 118% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Allegan County.
Yearly change in FHFA’s price index in Allegan County, 2016 to 2025
2016: +6.7% +6.7% 2016
2017: +8.9% +8.9% 2017
2018: +6.3% +6.3% 2018
2019: +6.8% +6.8% 2019
2020: +3.3% +3.3% 2020
2021: +13.1% +13.1% 2021
2022: +14.5% +14.5% 2022
2023: +8.8% +8.8% 2023
2024: +6.9% +6.9% 2024
2025: +6.0% +6.0% 2025
Change in FHFA’s price index in Allegan County, Michigan and the United States
Period
County
Michigan
U.S.
Last year (2025)
+6.0%
+4.7%
+2.9%
5 years (2020–2025)
+60%
+52%
+47%
10 years (2015–2025)
+118%
+97%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Allegan next to Allegan County, Michigan and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Allegan$176,600
County$267,100
Michigan$231,600
United States$332,700
Typical monthly rent
Allegan$1,115
County$1,100
Michigan$1,129
United States$1,413
Typical yearly household income
Allegan$52,925
County$83,283
Michigan$72,875
United States$80,734
See the full table
Allegan next to Allegan County and Michigan
Measure
Allegan
Allegan County
Michigan
U.S.
Typical home value
$176,600 ▼34% below the county
$267,100
$231,600
$332,700
Typical monthly rent
$1,115
$1,100
$1,129
$1,413
Typical yearly household income
$52,925 ▼36% below the county
$83,283
$72,875
$80,734
Households that own their home
69% ▼19 points below the county
87%
73%
65%
Typical yearly property tax
$1,586 ▼45% below the county
$2,884
$2,904
$3,119
Effective property tax rate
0.9% ▼0.18 points below the county
1.08%
1.25%
0.94%
Renters with high rent for their income
69% ▲23 points above the county
46%
50%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Allegan County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Allegan
For a typical $176,600 home in Allegan, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Allegan's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,459a month
Least cash to close
Down payment
$6,181
Cash to close
$11,479
Rate
7.18%
Mortgage insurance
FHA MIP · $78
Conventional, 5% down$1,426a month
Down payment
$8,830
Cash to close
$14,128
Rate
7.18%
Mortgage insurance
PMI · $84
Conventional, 20% down, no PMI$1,163a month
Down payment
$35,320
Cash to close
$40,618
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,326a month
Down payment
$26,490
Cash to close
$31,788
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Allegan
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,459
$6,181
$173,401
7.18%
FHA MIP · $78
$11,479
580
Conventional, 5% down
$1,426
$8,830
$167,770
7.18%
PMI · $84
$14,128
620*
Conventional, 20% down, no PMI
$1,163
$35,320
$141,280
7.18%
None
$40,618
620*
ITIN, 15% down (example)
$1,326
$26,490
$150,110
8.18%
None
$31,788
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Allegan is $1,115 a month: about the same as the county. In Allegan, 69% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Allegan County, by unit size. To pay the 2-bedroom one ($1,296 a month) without spending more than 30% of your income, you would need to earn $24.92 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Allegan County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$984
$18.92
$39,360
1 bedroom
$991
$19.06
$39,640
2 bedrooms
$1,296
$24.92
$51,840
3 bedrooms
$1,586
$30.50
$63,440
4 bedrooms
$1,862
$35.81
$74,480
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Allegan
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Allegan is in ZIP code 49010.
For 2 bedrooms it is $1,270: $26 less than the fair market rent for Allegan County ($1,296).
Fair market rent by ZIP code and size in Allegan, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
49010
$960
$970
$1,270
$1,550
$1,820
ZIP code2 bd3 bd
49010 $1,270$1,550
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Allegan when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
We found no HUD-approved agencies with an office in Allegan County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Allegan or Allegan County. The ones below are statewide in Michigan: they work in Allegan the same as in the rest of the state.
Michigan state agency loan of up to $10,000, with no interest and no monthly payments, for the down payment, closing costs and prepaid expenses; it goes with MSHDA's MI Home Loan mortgage and is repaid in certain cases, such as when you pay off the first mortgage, sell or refinance the home, or no longer live in it.Offered by Michigan State Housing Development Authority (MSHDA).
Michigan state authority certificate that lets you take 20% of the interest you pay each year on your mortgage off your federal taxes, for the life of the loan; you apply with an approved lender before you buy.Offered by Michigan State Housing Development Authority (MSHDA).
No legal help resource on our list is for Allegan or Allegan County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Allegan and all of Allegan County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Allegan?
The typical home value in Allegan is $176,600, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Allegan County it is $267,100.
How much does it cost to rent in Allegan?
Typical rent in Allegan is $1,115 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Allegan County is $1,296.
What is the FHA loan limit in Allegan?
Allegan uses the FHA limit for all of Allegan County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Allegan?
The typical homeowner in Allegan pays $1,586 a year, according to the U.S. Census Bureau. That is 0.9% of the home’s value; in Allegan County, the rate is 1.08%.
Where can I find free help to buy or rent in Allegan?
We found no HUD-approved counseling agencies with an office in Allegan County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
