States › Michigan › Frankenmuth

Is Frankenmuth, MI expensive to live in?

ExpensiveRent takes 34 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,63450% higher than U.S. average
💵 Families earn per year (2026)$92,139about $7,678/month · 6% higher than U.S. average
🔑 House price$300,50010% lower than U.S. average

Rent is higher than in 88% of U.S. cities. A typical house costs about 3.3 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $105,360 a year. That is $51 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 178 of 179 cities from cheapest to most expensive.

Frankenmuth
$2,634
Allegan
$1,233
Utica
$1,251
Eaton Rapids
$1,034
Kingsford
$1,014
Davison
$1,019
Gladstone
$553

How much do households earn in Frankenmuth?

Under $25k
8.6%
$25k–50k
21.3%
$50k–100k
34.6%
$100k–150k
15.5%
$150k+
15.9%

Share of households by yearly income. 31.4% of households earn $100,000 or more.

Rent by apartment size in Frankenmuth

SizeFrankenmuthU.S. average
1 bedroom$847$1,324
2 bedrooms$1,015$1,509

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

How expensive is Frankenmuth 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 Frankenmuth, so the Michigan figure is shown.

Taxes and bills in Frankenmuth

🏛️ Property tax$3,652a year · 1.22% of home value · U.S. $3,119
⚡ Electric bill$152a month (typical) · U.S. $156

Life in Frankenmuth

Commute to work20.6 minU.S.: 26.4 min
College degree52.3%U.S.: 35.7%
Own their home70.9%U.S.: 65.2%
Below poverty line4.9%U.S.: 12.5%
Unemployment4.7%U.S.: 5.2%

Is it cheaper to rent or buy in Frankenmuth?

Buying is cheaper month to month: about $549 a month less than renting.

Renting
$2,634
Owning
$2,085

Owning assumes a typical $300,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $30,050 for the down payment.

Frequently asked questions

What is the average rent in Frankenmuth, MI?

Renting in Frankenmuth costs a median of about $2,634 a month in 2026, including utilities. The Michigan median is $1,314.

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

To keep rent under 30% of income, you need about $105,360 a year, or $51 an hour at a full-time job.

Is Frankenmuth cheap or expensive?

Frankenmuth is rated Expensive: rent takes 34.3% of the typical household income of $92,139. It ranks 178th cheapest of 179 Michigan cities we track.

How much are property taxes in Frankenmuth?

The median homeowner in Frankenmuth pays $3,652 a year in property taxes, about 1.22% of the median home value.

Is Frankenmuth 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 Frankenmuth?

The median home value in Frankenmuth is $300,500, about 3.3 times the typical yearly household income.

5,157 people live in Frankenmuth. Numbers are typical (middle) values.