Housing in Caro, MI
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$173,125
Caro vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Caro is highlighted.
Median Home Value
22nd%ilemost expensive$102,200show rank
Median Rent
20th%ilemost expensive rent$728show rank
Rent Burden
65th%ilehighest rent burden20.8%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$102,200
Median Rent
$728
Total Housing Units
2,004
Vacancy Rate
8.2%
Owner Occupied
62.6%
Renter Occupied
37.4%
Median Property Tax
$1,684
per year
Monthly Cost (w/ Mortgage)
$691
Housing Types
Single Family72.6%
Multi-Family23.9%
Mobile Home3.5%
The median home value in Caro, MI is $102,200. According to Zillow, the home value index for Caro is $173,125. The median rent is $728 per month (Census ACS). About 62.6% of housing units are owner-occupied. The median year homes were built is 1961. There are 2,004 total housing units.