Housing in Tower, MI

Home values, rent, ownership rates, and housing market data

Tower vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Tower is highlighted.

Median Home Value

17th%ilemost expensive$91,500show rank

Median Rent

46th%ilemost expensive rent$917show rank

Rent Burden

87th%ilehighest rent burden26.1%show rank

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$91,500

Median Rent

$917

Total Housing Units

176

Vacancy Rate

44.3%

Owner Occupied

63.3%

Renter Occupied

36.7%

Median Property Tax

N/A

per year

Monthly Cost (w/ Mortgage)

$379

Housing Types

Single Family

71.0%

Multi-Family

0.0%

Mobile Home

29.0%

The median home value in Tower, MI is $91,500. The median rent is $917 per month (Census ACS). About 63.3% of housing units are owner-occupied. The median year homes were built is 1969. There are 176 total housing units.