The median home in Spring Lake, Michigan is valued at $408,167, up 5.3% year over year. Typical monthly rent is $1,841, producing a price-to-rent ratio of 18.5x — near the national average of 18x. Spring Lake is part of the Grand Rapids-Kentwood, MI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$408,167

+5.3%

Rent$1,841/mo

Prices rising — worse for buyers.

Affordability

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Income (annual)

Down Payment

$81,633 on $408,167

Example: $75,000 household income. Change it above to see your own.

Out of reach43.5% of income

Need $116,614/yr to afford.

PITI$2,721

P/I43.5%

Afford$263K

Gap-$146K

P&I $2,064Tax $524Ins $133

Renting $880/mo cheaper ($1,841 rent)6.50% 30yr, 20% down, county tax + MI ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Michigan

Compare Spring Lake with other housing markets across Michigan.

Lake Angelus$1.66M Leland$1.1M Orchard Lake$914K Franklin$845K Lake Leelanau$832K Kewadin$811K Lakeside$800K Northport$758K

Full Grand Rapids-Kentwood, MI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Grand Rapids-Kentwood, MI metro.

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Spring Lake, MI