Housing & Real Estate — Frankfort, Michigan

Overview

Total Housing Units850
Occupied497
Vacant353
Owner-Occupied310
Renter-Occupied187
Median Home Value (Census)$350,000
Estimated 2026~$386,000
Median Rent$749/mo
Median Property Tax$2,995/yr

Affordability

Home Price to Income RatioN/Ax
Home AffordabilityN/A
Rent as % of IncomeN/A%
Severely Rent-Burdened35.6%

Housing Age

Built 2010 or later39
Built 2000-200983
Built 1990-1999101
Built before 1960421
Median Year Built1971
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.