Housing in Melvin, MI
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$222,702
Melvin vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Melvin is highlighted.
Median Home Value
22nd%ilemost expensive$103,800show rank
Median Rent
15th%ilemost expensive rent$685show rank
Rent Burden
36th%ilehighest rent burden16.6%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$103,800
Median Rent
$685
Total Housing Units
86
Vacancy Rate
11.6%
Owner Occupied
77.6%
Renter Occupied
22.4%
Median Property Tax
$867
per year
Monthly Cost (w/ Mortgage)
$458
Housing Types
Single Family76.7%
Multi-Family13.9%
Mobile Home9.3%
The median home value in Melvin, MI is $103,800. According to Zillow, the home value index for Melvin is $222,702. The median rent is $685 per month (Census ACS). About 77.6% of housing units are owner-occupied. The median year homes were built is 1949. There are 86 total housing units.