States › Michigan › Davison

Is Davison, MI expensive to live in?

OKRent takes 23 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,01942% lower than U.S. average
💵 Families earn per year (2026)$52,646about $4,387/month · 40% lower than U.S. average
🔑 House price$181,20046% lower than U.S. average

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.

Davison
$1,019
$1,014
$1,233
$1,251

How much do households earn in Davison?

Under $25k
27.3%
$25k–50k
29.4%
$50k–100k
23.8%
$100k–150k
11.8%
$150k+
6.1%

Share of households by yearly income. 17.8% of households earn $100,000 or more.

Rent by apartment size in Davison

SizeDavisonU.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).

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 Davison, so the Michigan figure is shown.

Taxes and bills in Davison

🏛️ Property tax$2,783a year · 1.54% of home value · U.S. $3,119
⚡ Electric bill$152a month (typical) · U.S. $156

Life in Davison

Commute to work27.1 minU.S.: 26.4 min
College degree24.1%U.S.: 35.7%
Own their home47.9%U.S.: 65.2%
Below poverty line16.1%U.S.: 12.5%
Unemployment10.3%U.S.: 5.2%

Is it cheaper to rent or buy in Davison?

Renting is cheaper right now: about $238 a month less.

Renting
$1,019
Owning
$1,257

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.