Bay City, MI

Metro area in Michigan · Updated Jan 2026

12-Month Forecast ↑ +2.9%

Median Home Value

$171,861

↑ +6.2%

Year-over-year

Median Rent

$1,111/mo

↑ +2.5%

Year-over-year

Rental Yield

7.8%

Excellent for investors

5-Year Appreciation

+43.9%

Income Needed to Buy

$48,624

20% down, 30% DTI max

Active Listings

264

For-sale inventory

Price-to-Rent Ratio

12.9

Favors buying

Price Forecast

1 Month

↑ +0.7%

3 Months

↑ +1.4%

12 Months

↑ +2.9%

5-Year Price Trend

Calculate your mortgage for Bay City, MI

See monthly payments for a $171,861 home →

Should you rent or buy in Bay City, MI?

Price-to-rent ratio: 12.9x — Buying likely wins. Run a full breakeven analysis with Bay City, MI numbers pre-filled →

Frequently Asked Questions