salaryRent is lower than in 82% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are long, about 35.2 minutes each way.
How much money do I need?
To rent here comfortably, you should earn about $43,880 a year. That is $21 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 55 of 179 cities from cheapest to most expensive.
How much do households earn in Holly?
Share of households by yearly income. 20.2% of households earn $100,000 or more.
Rent by apartment size in Holly
| Size | Holly | U.S. average |
|---|---|---|
| 1 bedroom | $1,037 | $1,324 |
| 2 bedrooms | $1,058 | $1,509 |
| 3 bedrooms | $1,685 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Holly 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 Holly, so the Michigan figure is shown.
Taxes and bills in Holly
Life in Holly
Is it cheaper to rent or buy in Holly?
Renting is cheaper right now: about $237 a month less.
Owning assumes a typical $192,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $19,230 for the down payment.
Frequently asked questions
What is the average rent in Holly, MI?
Renting in Holly costs a median of about $1,097 a month in 2026, including utilities. The Michigan median is $1,314.
How much do I need to make to live in Holly?
To keep rent under 30% of income, you need about $43,880 a year, or $21 an hour at a full-time job.
Is Holly cheap or expensive?
Holly is rated Cheap: rent takes 19.0% of the typical household income of $69,353. It ranks 55th cheapest of 179 Michigan cities we track.
How much are property taxes in Holly?
The median homeowner in Holly pays $2,614 a year in property taxes, about 1.36% of the median home value.
Is Holly 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 Holly?
The median home value in Holly is $192,300, about 2.8 times the typical yearly household income.
5,964 people live in Holly. Numbers are typical (middle) values.