Rent is lower than in 87% of U.S. cities. A typical house costs about 3.4 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $40,760 a year. That is $20 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 41 of 179 cities from cheapest to most expensive.
How much do households earn in Davison?
Share of households by yearly income. 17.8% of households earn $100,000 or more.
Rent by apartment size in Davison
| Size | Davison | U.S. average |
|---|---|---|
| 1 bedroom | $889 | $1,324 |
| 2 bedrooms | $1,110 | $1,509 |
| 3 bedrooms | $1,563 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Davison overall?
Everyday prices in Michigan overall are 4% below the U.S. average (index 96.2, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Davison, so the Michigan figure is shown.
Taxes and bills in Davison
Life in Davison
Is it cheaper to rent or buy in Davison?
Renting is cheaper right now: about $238 a month less.
Owning assumes a typical $181,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $18,120 for the down payment.
Frequently asked questions
What is the average rent in Davison, MI?
Renting in Davison costs a median of about $1,019 a month in 2026, including utilities. The Michigan median is $1,314.
How much do I need to make to live in Davison?
To keep rent under 30% of income, you need about $40,760 a year, or $20 an hour at a full-time job.
Is Davison cheap or expensive?
Davison is rated OK: rent takes 23.2% of the typical household income of $52,646. It ranks 41st cheapest of 179 Michigan cities we track.
How much are property taxes in Davison?
The median homeowner in Davison pays $2,783 a year in property taxes, about 1.54% of the median home value.
Is Davison 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 Davison?
The median home value in Davison is $181,200, about 3.4 times the typical yearly household income.
5,076 people live in Davison. Numbers are typical (middle) values.