City · 8,995 residents · Montcalm County, Michigan
Greenville, Michigan
In Greenville, a typical home is worth $184,200 and typical rent is $894 a month. Compared with all of Montcalm County, typical household income is 6% lower and the share of households that own their home is 22 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $222,246 to $276,268.
Typical rent
$1,638a month
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Greenville is in Montcalm 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 Montcalm County. See the county
What this place has that others do not, from public data, most unusual first.
1
61% of households in Greenville own their home, against 83% in Montcalm County.
2
Nearby, in Belding, the typical rent is $668: 25% less than in Greenville ($894).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Greenville
What homes there are in Greenville, 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
Greenville
Montcalm County
Michigan
United States
Kind of home: Greenville and its comparisons
Measure
Greenville
Montcalm County
Michigan
United States
Detached house
56%
76%
72%
61%
Attached house
Unreliable estimate
1%
5%
6%
Building of 2 to 4
9%
4%
5%
8%
Apartments (5 or more)
Unreliable estimate
5%
13%
19%
Mobile home
Unreliable estimate
14%
5%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
Detached houses are the majority in Greenville (56%), but less so than in Montcalm County (76%).
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Greenville
Montcalm County
Michigan
United States
Year built: Greenville and its comparisons
Measure
Greenville
Montcalm County
Michigan
United States
Before 1960
42%
30%
36%
26%
1960–1979
26%
24%
26%
24%
1980–1999
18%
26%
22%
25%
2000–2009
7%
14%
10%
14%
2010 or later
Unreliable estimate
6%
6%
11%
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100K16%
$100K–$200K43%
$200K–$300K30%
$300K–$500KUnreliable
$500K–$750KUnreliable
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Greenville and its comparisons
Measure
Greenville
Under $100K
16%
$100K–$200K
43%
$200K–$300K
30%
$300K–$500K
Unreliable estimate
$500K–$750K
Unreliable
$750K–$1M
Unreliable
$1M or more
Unreliable estimate
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99954%
$1,000–$1,49923%
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Greenville and its comparisons
Measure
Greenville
Under $500
Unreliable estimate
$500–$999
54%
$1,000–$1,499
23%
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable
$3,000 or more
Unreliable
With a mortgage
$1,277 a month
Montcalm County: $1,352 a month
Without a mortgage
$545 a month
Montcalm County: $485 a month
Owners with a mortgage
68%
Montcalm County: 57%
Owning costs less in Greenville: with a mortgage, the typical cost is $1,277 a month; in Montcalm County, $1,352. Without one, $545.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Greenville+81%
Montcalm County+63%
Michigan+50%
United States+53%
Typical rent
Greenville+34%
Montcalm County+25%
Michigan+30%
United States+33%
Typical household income
Greenville+78%
Montcalm County+36%
Michigan+28%
United States+29%
Change since 2015–2019: Greenville and its comparisons
Measure
Greenville
Montcalm County
Michigan
United States
Typical home value
+81%
+63%
+50%
+53%
Typical rent
+34%
+25%
+30%
+33%
Typical household income
+78%
+36%
+28%
+29%
From 2015–2019 to 2020–2024, the typical home value in Greenville rose 81%; in Montcalm County, it rose 63%.
The typical rent in Greenville rose 34% over the same time; in Montcalm County, it rose 25%.
To compare: typical income in Greenville rose 78%; the home, +81%; the rent, +34%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Greenville and its comparisons
Measure
Greenville
Montcalm County
Michigan
United States
Rental vacancy
Unreliable estimate
5.7%
5.1%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
0.8%
0.9%
More than one person per room
Unreliable estimate
2.1%
1.6%
3.4%
People per household
2.29
2.66
2.42
2.53
Drive alone
90%
81%
74%
69%
Carpool
Unreliable estimate
9%
8%
9%
Public transit
Unreliable estimate
Unreliable estimate
1%
3%
Walk or bike
Unreliable estimate
2%
2%
3%
Work from home
Unreliable estimate
7%
14%
15%
Other means
Unreliable estimate
1%
1%
2%
Typical commute
Unreliable estimate
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
Fewer people live in each home here: 2.29 on average, against 2.66 in Montcalm County.
To get to work, 90% of workers in Greenville drive alone; in Montcalm County, 81%.
Do the math
What would you pay each month for a home in Greenville?
A typical home is tight for the typical income
We start with a typical home in Greenville, worth $184,200, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 29% of the typical household income in Greenville, which is $63,285 a year. For that payment to be 28% of income, a household would need to earn about $66,527 a year.
The calculator's FHA and conventional loan limits are those of all of Montcalm 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 Greenville. 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 $6,447 (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
$1,552
at 7.18% · 30 years
Loan amount
$180,864
Total interest
$260,220
Paid off in
November 2056
Includes $3,111 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,477 a month
Tight
$1,477 to $1,899 a month
Your payment · 29%
Hard
more than $1,899 a month
Compared with the typical household income in Greenville ($63,285 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,225
Property tax
$169
Home insurance
$77
FHA mortgage insurance (MIP)
$81
You need at least $6,447 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 $1,552; principal and interest $1,225.
The city and its county
Greenville and Montcalm County
Greenville is in Montcalm 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).
Greenville
Map of Montcalm County, Michigan, with Greenville marked. Around it, the neighboring counties.
Greenville
Montcalm County
Other cities with a page
Greenville's own numbers
Typical home value
$184,200
Typical monthly rent
$894
Typical yearly household income
$63,285
Households that own their home
61%
Effective property tax rate
1.1%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Montcalm County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,181
Price change over 5 years (FHFA)
+62%
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 Montcalm County.
A typical home in Greenville is worth $184,200: about the same as the county and 20% below Michigan. With the typical household income in Greenville ($63,285 a year), a typical home costs 2.9 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.
Greenville2.9 years
Montcalm2.8 years
Michigan3.2 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Montcalm County
According to FHFA’s house price index, home prices in Montcalm County rose 125% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Montcalm County.
Yearly change in FHFA’s price index in Montcalm County, 2016 to 2025
2016: +8.0% +8.0% 2016
2017: +6.5% +6.5% 2017
2018: +8.1% +8.1% 2018
2019: +7.4% +7.4% 2019
2020: +4.1% +4.1% 2020
2021: +15.5% +15.5% 2021
2022: +13.7% +13.7% 2022
2023: +7.9% +7.9% 2023
2024: +9.5% +9.5% 2024
2025: +4.5% +4.5% 2025
Change in FHFA’s price index in Montcalm County, Michigan and the United States
Period
County
Michigan
U.S.
Last year (2025)
+4.5%
+4.7%
+2.9%
5 years (2020–2025)
+62%
+52%
+47%
10 years (2015–2025)
+125%
+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
Greenville next to Montcalm 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
Greenville$184,200
Montcalm$185,500
Michigan$231,600
United States$332,700
Typical monthly rent
Greenville$894
Montcalm$869
Michigan$1,129
United States$1,413
Typical yearly household income
Greenville$63,285
Montcalm$67,344
Michigan$72,875
United States$80,734
See the full table
Greenville next to Montcalm County and Michigan
Measure
Greenville
Montcalm County
Michigan
U.S.
Typical home value
$184,200
$185,500
$231,600
$332,700
Typical monthly rent
$894 ▲3% above the county
$869
$1,129
$1,413
Typical yearly household income
$63,285 ▼6% below the county
$67,344
$72,875
$80,734
Households that own their home
61% ▼22 points below the county
83%
73%
65%
Typical yearly property tax
$2,027 ▲8% above the county
$1,876
$2,904
$3,119
Effective property tax rate
1.1% ▲0.09 points above the county
1.01%
1.25%
0.94%
Renters with high rent for their income
42% ▼2 points below the county
44%
50%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Montcalm 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 Greenville
For a typical $184,200 home in Greenville, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Greenville's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,552a month
Least cash to close
Down payment
$6,447
Cash to close
$11,973
Rate
7.18%
Mortgage insurance
FHA MIP · $81
Conventional, 5% down$1,519a month
Down payment
$9,210
Cash to close
$14,736
Rate
7.18%
Mortgage insurance
PMI · $87
Conventional, 20% down, no PMI$1,244a month
Down payment
$36,840
Cash to close
$42,366
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,414a month
Down payment
$27,630
Cash to close
$33,156
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Greenville
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,552
$6,447
$180,864
7.18%
FHA MIP · $81
$11,973
580
Conventional, 5% down
$1,519
$9,210
$174,990
7.18%
PMI · $87
$14,736
620*
Conventional, 20% down, no PMI
$1,244
$36,840
$147,360
7.18%
None
$42,366
620*
ITIN, 15% down (example)
$1,414
$27,630
$156,570
8.18%
None
$33,156
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 Greenville is $894 a month: 3% above the county. In Greenville, 42% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Montcalm County, by unit size. To pay the 2-bedroom one ($1,181 a month) without spending more than 30% of your income, you would need to earn $22.71 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 Montcalm County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$822
$15.81
$32,880
1 bedroom
$1,001
$19.25
$40,040
2 bedrooms
$1,181
$22.71
$47,240
3 bedrooms
$1,450
$27.88
$58,000
4 bedrooms
$1,560
$30.00
$62,400
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 Greenville
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Greenville is in ZIP code 48838.
For 2 bedrooms it is $1,380: $199 more than the fair market rent for Montcalm County ($1,181).
Fair market rent by ZIP code and size in Greenville, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
48838
$1,110
$1,160
$1,380
$1,790
$1,980
ZIP code2 bd3 bd
48838 $1,380$1,790
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Greenville 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 Montcalm 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 Greenville or Montcalm County. The ones below are statewide in Michigan: they work in Greenville 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 Greenville or Montcalm 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 Greenville and all of Montcalm 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 Greenville?
The typical home value in Greenville is $184,200, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Montcalm County it is $185,500.
How much does it cost to rent in Greenville?
Typical rent in Greenville is $894 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Montcalm County is $1,181.
What is the FHA loan limit in Greenville?
Greenville uses the FHA limit for all of Montcalm 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 Greenville?
The typical homeowner in Greenville pays $2,027 a year, according to the U.S. Census Bureau. That is 1.1% of the home’s value; in Montcalm County, the rate is 1.01%.
Where can I find free help to buy or rent in Greenville?
We found no HUD-approved counseling agencies with an office in Montcalm County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
