Median Home Value
$152,200
Median Gross Rent
$860/mo
Homeownership Rate
77.0%
Rent as Share of Income
16.7%
Vacancy Rate
7.3%
Median Year Built
1963
Home Price Index (FHFA)
Home prices in Bay County have risen 351% since 1978, per FHFA's index.
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Index value, not a dollar figure — shows relative appreciation over time. Source: Federal Housing Finance Agency.
HUD Fair Market Rent (2026)
Studio
$809
1 Bedroom
$814
2 Bedroom
$1,030
3 Bedroom
$1,399
4 Bedroom
$1,518
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024; HUD Fair Market Rents 2026.