Total monthly cost of ownership
Cost to Own a Home in Middleville, Michigan
A $209,000 home here costs
$1,842per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,074. The real number is $767 higher every month — 71% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Middleville against Barry County and Michigan
| Measure | Middleville | Barry County |
|---|---|---|
| Median home value | $209,000 | $243,700 |
| Median property tax | $2,990 | $2,706 |
| Effective tax rate | 1.431% | 1.110% |
| Median gross rent | $1,127 | $955 |
| Population | 4,327 | 62,982 |
The weather behind that power bill
Middleville sits in Barry County, which averages a high of 82.1°F in its hottest month and a low of 16.1°F in its coldest, with 39.59" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 537 cooling and 6,883 heating degree days, which is what sets the $198 electricity line above.
See the full climate breakdown for Barry County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Barry County
Common questions
How much does it cost to own a home in Middleville?
A $209,000 home in Middleville, Michigan costs approximately $1,842 per month with 20% down at 6.66%. That is $1,074 principal and interest, $249 property tax, $78 homeowners insurance, $266 utilities and $174 set aside for maintenance.
What is the property tax rate in Middleville?
Middleville has an effective property tax rate of 1.431%, based on a median home value of $209,000 and median real estate taxes of $2,990. That is higher than the Barry County average of 1.110%.
What is the average home price in Middleville?
The median owner-occupied home value in Middleville, Michigan is $209,000, against $243,700 across Barry County.
Is it cheaper to rent or buy in Middleville?
Median gross rent in Middleville is $1,127 a month, against $1,842 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 Middleville — 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.