Rent is lower than in 79% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.
How much money do I need?
To rent here comfortably, you should earn about $45,880 a year. That is $22 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 60 of 179 cities from cheapest to most expensive.
How much do households earn in Lincoln Park?
Share of households by yearly income. 13.1% of households earn $100,000 or more.
Rent by apartment size in Lincoln Park
| Size | Lincoln Park | U.S. average |
|---|---|---|
| Studio | $888 | $1,338 |
| 1 bedroom | $909 | $1,324 |
| 2 bedrooms | $1,126 | $1,509 |
| 3 bedrooms | $1,592 | $1,698 |
| 4 bedrooms | $1,865 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Lincoln Park 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 Lincoln Park, so the Michigan figure is shown.
Taxes and bills in Lincoln Park
Life in Lincoln Park
Is it cheaper to rent or buy in Lincoln Park?
Buying is cheaper month to month: about $238 a month less than renting.
Owning assumes a typical $131,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $13,100 for the down payment.
Frequently asked questions
What is the average rent in Lincoln Park, MI?
Renting in Lincoln Park costs a median of about $1,147 a month in 2026, including utilities. The Michigan median is $1,314.
How much do I need to make to live in Lincoln Park?
To keep rent under 30% of income, you need about $45,880 a year, or $22 an hour at a full-time job.
Is Lincoln Park cheap or expensive?
Lincoln Park is rated OK: rent takes 21.8% of the typical household income of $63,217. It ranks 60th cheapest of 179 Michigan cities we track.
How much are property taxes in Lincoln Park?
The median homeowner in Lincoln Park pays $2,090 a year in property taxes, about 1.60% of the median home value.
Is Lincoln Park 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 Lincoln Park?
The median home value in Lincoln Park is $131,000, about 2.1 times the typical yearly household income.
39,257 people live in Lincoln Park. Numbers are typical (middle) values.