Advance, MI
Full City Profile · Michigan · Antrim County County
3.6
/5.0
B+
Good
372
Population
137/sq mi density
$93,438
Median Income
$92,319 per capita
$549,600
Home Value
$392,643 Zillow
$1,188
Median Rent
26.3% income on rent
43°F
Avg Temperature
270 sunny days/yr
106
Violent Crime/100K
1,273 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$93,438 median income, 0.6% unemployment
B
Affordability
3.4 / 5.0
$549,600 home value, $1,188/mo rent
F
Safety
1.0 / 5.0
106 violent crimes/100K
A+
Education
5.0 / 5.0
51.3% bachelor's degree or higher
Housing Overview
Median Home Value
$549,600
95% above
US avg: $281,900
Median Rent
$1,188/mo
2% above
US avg: $1,163/mo
Homeownership Rate
92.8%
42% above US avg (65.4%)
Total Housing Units
314
Median year built: 1989
Home Value by Source
Census Median
$549,600
Zillow (ZHVI)
$392,643
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
92.8%
Owner-Occupied
7.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent:
$1,188/mo
Affordability & Housing Stock
Rent Burden
26.3%
of renters spending 30%+ of income on housing
15% below US avg (31.0%)
Median Year Built
1989
Average age of housing stock: 37 years
Homeownership Rate
92.8%
Complete Housing Data
Home Values
| Census Median Value | $549,600 |
| Zillow Home Value (ZHVI) | $392,643 |
Rent
| Census Median Rent | $1,188 |
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
Ownership & Stock
| Owner-Occupied | 92.8% |
| Renter-Occupied | 7.2% |
| Homeownership Rate | 92.8% |
| Total Housing Units | 314 |
| Median Year Built | 1989 |
| Rent Burden | 26.3% |
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