Foreclosure Homes in Walloon Lake, MI

Buyer vs Seller Market in Walloon Lake, MI

Median home value: $809,119 as of 2026-05-14.

Median rent: $1,560 as of 2026-05-14.

Home values: +2.04% MoM, +77.61% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Rent Prices In Walloon Lake, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Walloon Lake, MI, is on a rollercoaster ride. The average rent price in Walloon Lake, MI, is $1,630.00. Indeed, when looking to rent in Walloon Lake, MI, you can expect to pay as little as $1,210.00 or as much as $2,380.00, with the average rent median estimated to be $1,560.00. The good news is that finding an affordable and desirable property to rent in Walloon Lake, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.