Housing in Houghton Lake, MI
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$186,010
Houghton Lake vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Houghton Lake is highlighted.
Median Home Value
32nd%ilemost expensive$122,800show rank
Median Rent
29th%ilemost expensive rent$791show rank
Rent Burden
51st%ilehighest rent burden18.7%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$122,800
Median Rent
$791
Total Housing Units
4,514
Vacancy Rate
38.8%
Owner Occupied
79.5%
Renter Occupied
20.5%
Median Property Tax
$1,329
per year
Monthly Cost (w/ Mortgage)
$630
Housing Types
Single Family85.6%
Multi-Family3.0%
Mobile Home11.4%
The median home value in Houghton Lake, MI is $122,800. According to Zillow, the home value index for Houghton Lake is $186,010. The median rent is $791 per month (Census ACS). About 79.5% of housing units are owner-occupied. The median year homes were built is 1975. There are 4,514 total housing units.