States › Michigan › Plymouth

Is Plymouth, MI expensive to live in?

CheapRent takes 18 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,8395% higher than U.S. average
💵 Families earn per year (2026)$120,948about $10,079/month · 39% higher than U.S. average
🔑 House price$448,60035% higher than U.S. average

Rent is higher than in 60% of U.S. cities. A typical house costs about 3.7 years of household income. It is a highly educated city: 64.4% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $73,560 a year. That is $35 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 158 of 179 cities from cheapest to most expensive.

Plymouth
$1,839
Charlotte
$1,684
Lapeer
$1,592
Ecorse
$1,234
Alma
$905
Saline
$1,761
Greenville
$1,799

How much do households earn in Plymouth?

Under $25k
6.3%
$25k–50k
15.8%
$50k–100k
30.4%
$100k–150k
18.9%
$150k+
28.1%

Share of households by yearly income. 47.0% of households earn $100,000 or more.

Rent by apartment size in Plymouth

SizePlymouthU.S. average
Studio$2,375$1,338
1 bedroom$1,201$1,324
2 bedrooms$1,858$1,509
3 bedrooms$2,627$1,698

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

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

Taxes and bills in Plymouth

🏛️ Property tax$6,827a year · 1.52% of home value · U.S. $3,119
⚡ Electric bill$116a month (typical) · U.S. $156

Life in Plymouth

Commute to work24.3 minU.S.: 26.4 min
College degree64.4%U.S.: 35.7%
Own their home69.2%U.S.: 65.2%
Below poverty line3.2%U.S.: 12.5%
Unemployment2.3%U.S.: 5.2%

Is it cheaper to rent or buy in Plymouth?

Renting is cheaper right now: about $1,274 a month less.

Renting
$1,839
Owning
$3,113

Owning assumes a typical $448,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $44,860 for the down payment.

Frequently asked questions

What is the average rent in Plymouth, MI?

Renting in Plymouth costs a median of about $1,839 a month in 2026, including utilities. The Michigan median is $1,314.

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

To keep rent under 30% of income, you need about $73,560 a year, or $35 an hour at a full-time job.

Is Plymouth cheap or expensive?

Plymouth is rated Cheap: rent takes 18.2% of the typical household income of $120,948. It ranks 158th cheapest of 179 Michigan cities we track.

How much are property taxes in Plymouth?

The median homeowner in Plymouth pays $6,827 a year in property taxes, about 1.52% of the median home value.

Is Plymouth 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 Plymouth?

The median home value in Plymouth is $448,600, about 3.7 times the typical yearly household income.

9,214 people live in Plymouth. Numbers are typical (middle) values.