154th most affordable of 199 in Metro Detroit
Cost of Living in Holly, MI
A typical home in Holly costs about $1,249 a month, 23.3% of the median household income of $64,305. That makes Holly the 47th most affordable of 56 places in Oakland County and 154th of 199 across Metro Detroit.
- Median rent a month
- $992
- Median home value
- $192,300
- Owner cost with a mortgage
- $1,506
- Of income on housing
- 23.3%
Holly against Oakland County and the metro
| Census median | Holly | Oakland County | Metro Detroit |
|---|---|---|---|
| Median rent (monthly) | $992 | $1,376 | $1,207 |
| Median home value | $192,300 | $343,600 | $249,700 |
| Owner cost with a mortgage (monthly) | $1,506 | $1,998 | $1,720 |
| Median household income (yearly) | $64,305 | $97,760 | $76,664 |
| Share of income on housing | 23.3% | 20.7% | 22.9% |
Ranked 47th most affordable of 56 in Oakland County. See all 56.
Cost of living near Holly
The towns around Holly, each with its own page.
- Rose Township Rent $1,150 · Home $345,100 38th most affordable in the metro
- Holly Township Rent $997 · Home $240,800 105th most affordable in the metro
- Fenton Rent $1,275 · Home $235,900 101st most affordable in the metro
- Groveland Township Rent $1,584 · Home $342,500 91st most affordable in the metro
- Springfield Township Rent $1,206 · Home $384,800 48th most affordable in the metro
- Tyrone Township Rent $1,750 · Home $370,600 132nd most affordable in the metro
- Highland Township Rent $1,048 · Home $330,800 58th most affordable in the metro
- Ortonville Rent $956 · Home $244,400 3rd most affordable in the metro
Living in Holly
- Homes for sale in Holly Listings and off-market deals
- Rentals in Holly Houses and apartments for rent
- Holly neighborhoods Every neighborhood on a map
- Holly crime rate From Holly's own police reports
- Cost of living in Oakland County Every town in the county, ranked
- Most affordable cities in Metro Detroit All six counties, ranked
- Holly city guide Pros, homes and city services
Holly cost of living questions
5 questions
Is Holly, MI expensive to live in?
A typical home in Holly takes 23.3% of the median household income, against 22.9% across Metro Detroit, which ranks it 154th most affordable of 199 places.
What is the average rent in Holly?
The median gross rent is $992 a month, rent plus the utilities the renter pays, 18% below the metro.
How much does a house cost in Holly?
Owners put the median home value at $192,300, 23% below the metro. With a mortgage, the median owner pays $1,506 a month for the mortgage, taxes, insurance and utilities.
What income do you need to live in Holly?
Spending no more than 30% of income on housing, the usual rule, a typical Holly home at $1,249 a month calls for about $50,000 a year. The median household here earns $64,305.
Where do these numbers come from?
The U.S. Census Bureau's American Community Survey 2020-2024 5-year estimates for Holly. They are medians, half above and half below, and today's listings and rents can differ.
Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates.