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Deerfield, MI Home Values and Rents
The typical home value in Deerfield is $230,878. Median rent is $871 a month.
- Typical home value
- $230,878
- Zillow
- Median rent
- $871/mo
- ACS 2020-2024
- Price change, 1 year
- +7.7%
- Sep 2026
- Homeownership
- 85.8%
- MI: 73.2%
Typical home value in Deerfield
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Deerfield |
|---|---|
| Sep 2026 | $230,878 |
| Dec 2025 | $220,322 |
| Dec 2024 | $208,211 |
| Dec 2023 | $203,402 |
| Dec 2022 | $197,173 |
| Dec 2021 | $181,011 |
| Dec 2020 | $164,087 |
| Dec 2019 | $148,542 |
| Dec 2018 | $141,972 |
| Dec 2017 | $138,057 |
| Dec 2016 | $126,851 |
| Dec 2015 | $117,737 |
| Dec 2014 | $109,267 |
| Dec 2013 | $103,343 |
| Dec 2012 | $90,372 |
Over five years, Deerfield prices changed +28.4%.
Source: Zillow Research · Last updated 09/01/2026
Fair Market Rents, FY2027
HUD rent standard for Lenawee County, MI
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $832 | +3.5% |
| 1 bedroom | $913 | +2.7% |
| 2 bedrooms | $1,195 | +2.5% |
| 3 bedrooms | $1,504 | +0.9% |
| 4 bedrooms | $1,571 | -3.1% |
Frequently asked questions
- What is the typical home value in Deerfield, MI?
- The typical home value in Deerfield is $230,878 (Zillow Home Value Index, Sep 2026). The Michigan median is $231,600.
- How much is rent in Deerfield?
- The median rent in Deerfield is $871 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,195.
- Are home prices going up in Deerfield?
- The typical home value in Deerfield changed +7.7% over one year and +28.4% over five years, as of Sep 2026.