States › Michigan › Holland

Is Holland, MI expensive to live in?

OKRent takes 25 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,7341% lower than U.S. average
💵 Families earn per year (2026)$81,820about $6,818/month · 6% lower than U.S. average
🔑 House price$252,20024% lower than U.S. average

Rent is higher than in 54% of U.S. cities. A typical house costs about 3.1 years of household income. Commutes are short, about 16.8 minutes.

How much money do I need?

To rent here comfortably, you should earn about $69,360 a year. That is $33 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 146 of 179 cities from cheapest to most expensive.

Holland
$1,734
$1,452
$1,096

How much do households earn in Holland?

Under $25k
10.7%
$25k–50k
26.4%
$50k–100k
38.8%
$100k–150k
14.9%
$150k+
7.0%

Share of households by yearly income. 21.9% of households earn $100,000 or more.

Rent by apartment size in Holland

SizeHollandU.S. average
Studio$1,287$1,338
1 bedroom$1,213$1,324
2 bedrooms$1,319$1,509
3 bedrooms$1,662$1,698
4 bedrooms$2,016$2,098

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

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

Taxes and bills in Holland

🏛️ Property tax$3,116a year · 1.24% of home value · U.S. $3,119
⚡ Electric bill$104a month (typical) · U.S. $156

Life in Holland

Commute to work16.8 minU.S.: 26.4 min
College degree35.8%U.S.: 35.7%
Own their home67.8%U.S.: 65.2%
Below poverty line10.3%U.S.: 12.5%
Unemployment2.5%U.S.: 5.2%

Is it cheaper to rent or buy in Holland?

About the same. Renting and owning cost within $16 of each other each month.

Renting
$1,734
Owning
$1,750

Owning assumes a typical $252,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $25,220 for the down payment.

Frequently asked questions

What is the average rent in Holland, MI?

Renting in Holland costs a median of about $1,734 a month in 2026, including utilities. The Michigan median is $1,314.

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

To keep rent under 30% of income, you need about $69,360 a year, or $33 an hour at a full-time job.

Is Holland cheap or expensive?

Holland is rated OK: rent takes 25.4% of the typical household income of $81,820. It ranks 146th cheapest of 179 Michigan cities we track.

How much are property taxes in Holland?

The median homeowner in Holland pays $3,116 a year in property taxes, about 1.24% of the median home value.

Is Holland 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 Holland?

The median home value in Holland is $252,200, about 3.1 times the typical yearly household income.

34,423 people live in Holland. Numbers are typical (middle) values.