City · 34,423 residents · Allegan County, Michigan
Holland, Michigan
In Holland, a typical home is worth $252,200 and typical rent is $1,193 a month. Compared with all of Allegan County, typical household income is 9% lower, typical rent is 8% higher, and the share of households that own their home is 20 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $290,985 to $370,778.
Typical rent
$1,618a month
▲ 1.2% more than 12 months ago
Typical rent from Zillow, September 2021 to September 2026: from $1,225 to $1,618.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Holland 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
68% of households in Holland own their home, against 87% in Allegan County.
2
Nearby, in Zeeland, the typical rent is $951: 20% less than in Holland ($1,193).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Holland
What homes there are in Holland, 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
Holland
Allegan County
Michigan
United States
Kind of home: Holland and its comparisons
Measure
Holland
Allegan County
Michigan
United States
Detached house
62%
78%
72%
61%
Attached house
9%
4%
5%
6%
Building of 2 to 4
8%
3%
5%
8%
Apartments (5 or more)
19%
5%
13%
19%
Mobile home
2%
11%
5%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
In Holland, 6 in 10 homes are single-family detached houses; in Allegan County, 8.
Year built
Before 19601960–19791980–19992000–20092010 or later
Holland
Allegan County
Michigan
United States
Year built: Holland and its comparisons
Measure
Holland
Allegan County
Michigan
United States
Before 1960
45%
28%
36%
26%
1960–1979
18%
20%
26%
24%
1980–1999
24%
27%
22%
25%
2000–2009
6%
15%
10%
14%
2010 or later
7%
10%
6%
11%
Homes in Holland are older: the typical year built is 1966; in Allegan County, 1982.
There are fewer big homes in Holland than in Allegan County: 57% have 3 bedrooms or more, against 74%.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limitUnreliable estimate
Under $100K6%
$100K–$200K19%
$200K–$300K45%
$300K–$500K25%
$500K–$750K4%
FHA limit: $541,287
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Holland and its comparisons
Measure
Holland
Under $100K
6%
$100K–$200K
19%
$200K–$300K
45%
$300K–$500K
25%
$500K–$750K
4%
$750K–$1M
Unreliable estimate
$1M or more
Unreliable estimate
The FHA loan limit for Allegan County is $541,287, and about 95% of owner-occupied homes in Holland are worth less than that.
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99917%
$1,000–$1,49957%
$1,500–$1,99913%
$2,000–$2,4998%
$2,500–$2,999Unreliable
$3,000 or more3%
Monthly rent with utilities: Holland and its comparisons
Measure
Holland
Under $500
Unreliable estimate
$500–$999
17%
$1,000–$1,499
57%
$1,500–$1,999
13%
$2,000–$2,499
8%
$2,500–$2,999
Unreliable estimate
$3,000 or more
3%
With a mortgage
$1,495 a month
Allegan County: $1,523 a month
Without a mortgage
$560 a month
Allegan County: $575 a month
Owners with a mortgage
57%
Allegan County: 57%
The typical cost for an owner with a mortgage in Holland is $1,495 a month, near the figure in Allegan County ($1,523).
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Holland+67%
Allegan County+62%
Michigan+50%
United States+53%
Typical rent
Holland+37%
Allegan County+35%
Michigan+30%
United States+33%
Typical household income
Holland+33%
Allegan County+32%
Michigan+28%
United States+29%
Change since 2015–2019: Holland and its comparisons
Measure
Holland
Allegan County
Michigan
United States
Typical home value
+67%
+62%
+50%
+53%
Typical rent
+37%
+35%
+30%
+33%
Typical household income
+33%
+32%
+28%
+29%
Since 2015–2019, homes in Holland gained value faster than in Allegan County: 67% against 62%.
The typical rent in Holland rose 37% since 2015–2019, about the same as in Allegan County (35%).
The typical household income in Holland rose 33%: less than home values (+67%) and rent (+37%).
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Holland and its comparisons
Measure
Holland
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
2.34
2.64
2.42
2.53
Drive alone
70%
79%
74%
69%
Carpool
9%
8%
8%
9%
Public transit
Unreliable estimate
0%
1%
3%
Walk or bike
11%
2%
2%
3%
Work from home
9%
10%
14%
15%
Other means
Unreliable estimate
1%
1%
2%
Typical commute
10 to 19 minutes
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
On average, a household in Holland has 2.34 people, fewer than in Allegan County (2.64).
In Holland, 11% of workers walk or bike to work; in Allegan County, 2%.
Do the math
What would you pay each month for a home in Holland?
A typical home is tight for the typical income
We start with a typical home in Holland, worth $252,200, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 34% of the typical household income in Holland, which is $75,865 a year. For that payment to be 28% of income, a household would need to earn about $92,348 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 Holland. 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 $8,827 (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
$2,155
at 7.18% · 30 years
Loan amount
$247,632
Total interest
$356,284
Paid off in
November 2056
Includes $4,259 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,770 a month
Tight
$1,770 to $2,276 a month
Your payment · 34%
Hard
more than $2,276 a month
Compared with the typical household income in Holland ($75,865 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,678
Property tax
$261
Home insurance
$105
FHA mortgage insurance (MIP)
$112
You need at least $8,827 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 $2,155; principal and interest $1,678.
The city and its county
Holland and Allegan County
Holland 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).
Map of Allegan County, Michigan, with Holland marked. Around it, the neighboring counties.
Allegan County
Holland's own numbers
Typical home value
$252,200
Typical monthly rent
$1,193
Typical yearly household income
$75,865
Households that own their home
68%
Effective property tax rate
1.24%
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 Holland is worth $252,200: 6% below the county and 9% above Michigan. With the typical household income in Holland ($75,865 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.
Holland3.3 years
Allegan3.2 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
Holland 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
Holland$252,200
Allegan$267,100
Michigan$231,600
United States$332,700
Typical monthly rent
Holland$1,193
Allegan$1,100
Michigan$1,129
United States$1,413
Typical yearly household income
Holland$75,865
Allegan$83,283
Michigan$72,875
United States$80,734
See the full table
Holland next to Allegan County and Michigan
Measure
Holland
Allegan County
Michigan
U.S.
Typical home value
$252,200 ▼6% below the county
$267,100
$231,600
$332,700
Typical monthly rent
$1,193 ▲8% above the county
$1,100
$1,129
$1,413
Typical yearly household income
$75,865 ▼9% below the county
$83,283
$72,875
$80,734
Households that own their home
68% ▼20 points below the county
87%
73%
65%
Typical yearly property tax
$3,116 ▲8% above the county
$2,884
$2,904
$3,119
Effective property tax rate
1.24% ▲0.16 points above the county
1.08%
1.25%
0.94%
Renters with high rent for their income
50% ▲4 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 Holland
For a typical $252,200 home in Holland, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Holland's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$2,155a month
Least cash to close
Down payment
$8,827
Cash to close
$16,393
Rate
7.18%
Mortgage insurance
FHA MIP · $112
Conventional, 5% down$2,109a month
Down payment
$12,610
Cash to close
$20,176
Rate
7.18%
Mortgage insurance
PMI · $120
Conventional, 20% down, no PMI$1,732a month
Down payment
$50,440
Cash to close
$58,006
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,966a month
Down payment
$37,830
Cash to close
$45,396
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Holland
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$2,155
$8,827
$247,632
7.18%
FHA MIP · $112
$16,393
580
Conventional, 5% down
$2,109
$12,610
$239,590
7.18%
PMI · $120
$20,176
620*
Conventional, 20% down, no PMI
$1,732
$50,440
$201,760
7.18%
None
$58,006
620*
ITIN, 15% down (example)
$1,966
$37,830
$214,370
8.18%
None
$45,396
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 Holland is $1,193 a month: 8% above the county. In Holland, 50% 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 Holland
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Holland is in ZIP code 49423.
For 2 bedrooms it is $1,530: $234 more than the fair market rent for Allegan County ($1,296).
Fair market rent by ZIP code and size in Holland, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
49423
$1,100
$1,290
$1,530
$1,910
$2,260
ZIP code2 bd3 bd
49423 $1,530$1,910
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Holland 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)
HUD lists 2 buildings with rents for lower incomes in Holland. These are the largest.
Harbor Village (HOLLAND)287 W 40th St, Holland 49423120 low-income homes · 1 bd: 40 · 2 bd: 60 · 3 bd: 20 · In service since 2007 · For families(616) 396-7621
Meadow Lanes297 Meadowlane Dr, Holland 49423118 low-income homes · 1 bd: 16 · 2 bd: 46 · 3 bd: 42 · 4 bd: 14 · In service since 2015 · For families
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 Holland or Allegan County. The ones below are statewide in Michigan: they work in Holland 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 Holland 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 Holland 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 Holland?
The typical home value in Holland is $252,200, 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 Holland?
Typical rent in Holland is $1,193 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 Holland?
Holland 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 Holland?
The typical homeowner in Holland pays $3,116 a year, according to the U.S. Census Bureau. That is 1.24% of the home’s value; in Allegan County, the rate is 1.08%.
Where can I find free help to buy or rent in Holland?
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.
