States › Michigan › Beverly Hills

Is Beverly Hills, MI expensive to live in?

CheapRent takes 13 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,14322% higher than U.S. average
💵 Families earn per year (2026)$191,339about $15,945/month · 120% higher than U.S. average
🔑 House price$511,00054% higher than U.S. average

Rent is higher than in 75% of U.S. cities. Household incomes are higher than in 96% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (94.8%) are owned, so rentals can be hard to find. It is a highly educated city: 77.9% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $85,720 a year. That is $41 an hour at a full-time job.

Is rent cheaper than other Michigan cities?

No. Rent here is more expensive than in most of Michigan. It is number 173 of 179 cities from cheapest to most expensive.

Beverly Hills
$2,143
$1,016
$748
$1,481

How much do households earn in Beverly Hills?

Under $25k
2.5%
$25k–50k
8.1%
$50k–100k
24.7%
$100k–150k
21.8%
$150k+
42.3%

Share of households by yearly income. 64.1% of households earn $100,000 or more.

Rent by apartment size in Beverly Hills

SizeBeverly HillsU.S. average
1 bedroom$1,659$1,324
2 bedrooms$2,448$1,509
3 bedrooms$3,103$1,698

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

How expensive is Beverly Hills 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 Beverly Hills, so the Michigan figure is shown.

Taxes and bills in Beverly Hills

🏛️ Property tax$6,775a year · 1.33% of home value · U.S. $3,119
⚡ Electric bill$150a month (typical) · U.S. $156

Life in Beverly Hills

Commute to work22.9 minU.S.: 26.4 min
College degree77.9%U.S.: 35.7%
Own their home94.8%U.S.: 65.2%
Below poverty line1.7%U.S.: 12.5%
Unemployment1.6%U.S.: 5.2%

Is it cheaper to rent or buy in Beverly Hills?

Renting is cheaper right now: about $1,403 a month less.

Renting
$2,143
Owning
$3,546

Owning assumes a typical $511,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $51,100 for the down payment.

Frequently asked questions

What is the average rent in Beverly Hills, MI?

Renting in Beverly Hills costs a median of about $2,143 a month in 2026, including utilities. The Michigan median is $1,314.

How much do I need to make to live in Beverly Hills?

To keep rent under 30% of income, you need about $85,720 a year, or $41 an hour at a full-time job.

Is Beverly Hills cheap or expensive?

Beverly Hills is rated Cheap: rent takes 13.4% of the typical household income of $191,339. It ranks 173rd cheapest of 179 Michigan cities we track.

How much are property taxes in Beverly Hills?

The median homeowner in Beverly Hills pays $6,775 a year in property taxes, about 1.33% of the median home value.

Is Beverly Hills 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 Beverly Hills?

The median home value in Beverly Hills is $511,000, about 2.7 times the typical yearly household income.

10,524 people live in Beverly Hills. Numbers are typical (middle) values.