Housing in Caspian, MI
Home values, rent, ownership rates, and housing market data
Caspian vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Caspian is highlighted.
Median Home Value
7th%ilemost expensive$69,400show rank
Median Rent
9th%ilemost expensive rent$620show rank
Rent Burden
61st%ilehighest rent burden20.2%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$69,400
Median Rent
$620
Total Housing Units
383
Vacancy Rate
20.9%
Owner Occupied
71.6%
Renter Occupied
28.4%
Median Property Tax
$1,052
per year
Monthly Cost (w/ Mortgage)
$550
Housing Types
Single Family81.5%
Multi-Family15.4%
Mobile Home3.1%
The median home value in Caspian, MI is $69,400. The median rent is $620 per month (Census ACS). About 71.6% of housing units are owner-occupied. The median year homes were built is 1951. There are 383 total housing units.