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Applegate, MI Home Values and Rents

The typical home value in Applegate is $207,747. Median rent is $1,063 a month.

Typical home value
$207,747
Zillow
Median rent
$1,063/mo
ACS 2020-2024
Price change, 1 year
+7.4%
Sep 2026
Homeownership
83.8%
MI: 73.2%

Typical home value in Applegate

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodApplegate
Sep 2026$207,747
Dec 2025$197,825
Dec 2024$207,282
Dec 2023$207,550
Dec 2022$219,169

Source: Zillow Research · Last updated 09/01/2026

Home values by ZIP code

Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index

Swipe the table sideways to see more columns.

#ZIP codeMedian valueMedian rent1-year5-year
148401$162,700$938+19.0%+60.6%

Frequently asked questions

What is the typical home value in Applegate, MI?
The typical home value in Applegate is $207,747 (Zillow Home Value Index, Sep 2026). The Michigan median is $231,600.
How much is rent in Applegate?
The median rent in Applegate is $1,063 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,014.
Are home prices going up in Applegate?
The typical home value in Applegate changed +7.4% over one year and - over five years, as of Sep 2026.
Which ZIP code in Applegate has the highest home values?
ZIP code 48401 has the highest median home value at $162,700.