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Farwell, MI Home Values and Rents
The typical home value in Farwell is $201,959. Median rent is $513 a month.
- Typical home value
- $201,959
- Zillow
- Median rent
- $513/mo
- ACS 2020-2024
- Price change, 1 year
- +10.5%
- Sep 2026
- Homeownership
- 69.3%
- MI: 73.2%
Typical home value in Farwell
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Farwell |
|---|---|
| Sep 2026 | $201,959 |
| Dec 2025 | $193,533 |
| Dec 2024 | $183,824 |
| Dec 2023 | $170,728 |
| Dec 2022 | $168,869 |
| Dec 2021 | $154,159 |
| Dec 2020 | $137,379 |
| Dec 2019 | $120,461 |
| Dec 2018 | $108,835 |
| Dec 2017 | $104,523 |
| Dec 2016 | $100,497 |
| Dec 2015 | $94,392 |
| Dec 2014 | $91,136 |
| Dec 2013 | $88,391 |
| Dec 2012 | $87,107 |
Over five years, Farwell prices changed +30.6%.
Source: Zillow Research · Last updated 09/01/2026
Fair Market Rents, FY2027
HUD rent standard for Clare County, MI
| Unit size | Monthly rent |
|---|---|
| Studio | $743 |
| 1 bedroom | $797 |
| 2 bedrooms | $1,042 |
| 3 bedrooms | $1,242 |
| 4 bedrooms | $1,464 |
Frequently asked questions
- What is the typical home value in Farwell, MI?
- The typical home value in Farwell is $201,959 (Zillow Home Value Index, Sep 2026). The Michigan median is $231,600.
- How much is rent in Farwell?
- The median rent in Farwell is $513 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,042.
- Are home prices going up in Farwell?
- The typical home value in Farwell changed +10.5% over one year and +30.6% over five years, as of Sep 2026.