Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Rose

Learn about the people, housing, costs and businesses in Rose, Michigan

Median Home$159,600
Median Rent$718/month
Population533
Leading IndustryRetail31% of local workforce
Home Value Growth⬆⬆⬆+23.8% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners81% of occupied units
NotableAffordable Market$160k median home · lower cost than 70% of the country
Rose City
MI

Frequently Asked Questions

What are today's mortgage rates in Rose?

As of today, the 30-year fixed mortgage rate for Rose is approximately 6.950% (6.991% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Rose
What is the median home price in Rose?

The median home value in Rose is $160k. The median monthly rent is $718. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Rose?

Home values in Rose have increased 23.8% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Rose?

Based on a typical all-in ownership cost of $715/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rose is $48k/year.

Calculate your buying power
What industries drive the economy in Rose?

The largest employment sectors in Rose are retail (31%) and public administration (24%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.