Cost to Own
United StatesMichiganSanilac CountyMarlette Population 1,771 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Marlette, Michigan

A $117,000 home here costs

$1,107

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $601. The real number is $505 higher every month — 84% more than the payment most buyers budget for.

Marlette median: $116,900
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $93,600 borrowed $601
Property tax1.006% effective rate for Marlette itself $98
Homeowners insuranceMichigan averages $993/yr (NAIC), or 0.448% of home value $44
Electricity22.01¢/kWh — Michigan residential average, EIA $198
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $98
Total monthly $1,107

Marlette against Sanilac County and Michigan

MeasureMarletteSanilac County
Median home value$116,900$162,200
Median property tax$1,176$1,488
Effective tax rate1.006%0.917%
Median gross rent$820$814
Population1,77140,574

The weather behind that power bill

Marlette sits in Sanilac County, which averages a high of 77.1°F in its hottest month and a low of 18.7°F in its coldest, with 30.37" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 446 cooling and 6,942 heating degree days, which is what sets the $198 electricity line above.

See the full climate breakdown for Sanilac County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Sanilac County

Full Sanilac County cost breakdown · Every county in Michigan

Common questions

How much does it cost to own a home in Marlette?

A $117,000 home in Marlette, Michigan costs approximately $1,107 per month with 20% down at 6.66%. That is $601 principal and interest, $98 property tax, $44 homeowners insurance, $266 utilities and $98 set aside for maintenance.

What is the property tax rate in Marlette?

Marlette has an effective property tax rate of 1.006%, based on a median home value of $116,900 and median real estate taxes of $1,176. That is higher than the Sanilac County average of 0.917%.

What is the average home price in Marlette?

The median owner-occupied home value in Marlette, Michigan is $116,900, against $162,200 across Sanilac County.

Is it cheaper to rent or buy in Marlette?

Median gross rent in Marlette is $820 a month, against $1,107 to own the median home all in. Renting costs less month to month here, though renting builds no equity.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for Marlette — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Michigan.
  • Electricity price — EIA Electric Power Monthly Table 5.6.A.
  • Mortgage rate — Freddie Mac PMMS, refreshed weekly.
  • Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.

Full methodology