States › Michigan › Allegan

Is Allegan, MI expensive to live in?

OKRent takes 26 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,23330% lower than U.S. average
💵 Families earn per year (2026)$57,080about $4,757/month · 34% lower than U.S. average
🔑 House price$176,60047% lower than U.S. average

Rent is lower than in 74% of U.S. cities. A typical house costs about 3.1 years of household income. Commutes are short, about 19.8 minutes.

How much money do I need?

To rent here comfortably, you should earn about $49,320 a year. That is $24 an hour at a full-time job.

Is rent cheaper than other Michigan cities?

Yes. Rent here is cheaper than in most of Michigan. It is number 76 of 179 cities from cheapest to most expensive.

Allegan
$1,233
$1,251
$1,014

How much do households earn in Allegan?

Under $25k
26.8%
$25k–50k
26.9%
$50k–100k
33.6%
$100k–150k
6.6%
$150k+
4.3%

Share of households by yearly income. 10.9% of households earn $100,000 or more.

Rent by apartment size in Allegan

SizeAlleganU.S. average
1 bedroom$581$1,324
2 bedrooms$1,335$1,509
3 bedrooms$868$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Allegan overall?

Everyday prices in Michigan overall are 4% below the U.S. average (index 96.2, U.S. = 100).

Housing
82
Goods (food, clothes…)
96
Utilities
100
Other services
101
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Allegan, so the Michigan figure is shown.

Taxes and bills in Allegan

🏛️ Property tax$1,586a year · 0.90% of home value · U.S. $3,119
⚡ Electric bill$141a month (typical) · U.S. $156

Life in Allegan

Commute to work19.8 minU.S.: 26.4 min
College degree17.9%U.S.: 35.7%
Own their home68.7%U.S.: 65.2%
Below poverty line13.9%U.S.: 12.5%
Unemployment3.7%U.S.: 5.2%

Is it cheaper to rent or buy in Allegan?

About the same. Renting and owning cost within $8 of each other each month.

Renting
$1,233
Owning
$1,225

Owning assumes a typical $176,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $17,660 for the down payment.

Frequently asked questions

What is the average rent in Allegan, MI?

Renting in Allegan costs a median of about $1,233 a month in 2026, including utilities. The Michigan median is $1,314.

How much do I need to make to live in Allegan?

To keep rent under 30% of income, you need about $49,320 a year, or $24 an hour at a full-time job.

Is Allegan cheap or expensive?

Allegan is rated OK: rent takes 25.9% of the typical household income of $57,080. It ranks 76th cheapest of 179 Michigan cities we track.

How much are property taxes in Allegan?

The median homeowner in Allegan pays $1,586 a year in property taxes, about 0.90% of the median home value.

Is Allegan more expensive than the national average?

Overall prices in Michigan are 4% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Allegan?

The median home value in Allegan is $176,600, about 3.1 times the typical yearly household income.

5,172 people live in Allegan. Numbers are typical (middle) values.