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Ann Arbor, MI
Full City Profile · Michigan · Washtenaw County County
3.5
/5.0
B+
Good
121,179
Population
4,268/sq mi density
$81,089
Median Income
$54,604 per capita
$435,100
Home Value
$511,402 Zillow
$1,552
Median Rent
34.9% income on rent
51°F
Avg Temperature
255 sunny days/yr
251
Violent Crime/100K
1,728 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$81,089 median income, 2.2% unemployment
B+
Affordability
3.6 / 5.0
$435,100 home value, $1,552/mo rent
F
Safety
1.0 / 5.0
251 violent crimes/100K
A+
Education
5.0 / 5.0
77.7% bachelor's degree or higher
Housing Overview
Median Home Value
$435,100
54% above
US avg: $281,900
Median Rent
$1,552/mo
33% above
US avg: $1,163/mo
Homeownership Rate
45.6%
30% below US avg (65.4%)
Total Housing Units
53,636
Median year built: 1971
Home Value by Source
Census Median
$435,100
Zillow (ZHVI)
$511,402
Median Sale Price
$385,000
Median List Price
$480,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
45.6%
Owner-Occupied
54.4%
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:
$1,552/mo
· Zillow rent:
$2,496/mo
Market Indicators (Redfin)
Median Days on Market
47 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
49
Price Drops
17.8%
of listings with price reduction
Price Per Sq Ft
$254
Active Inventory
185
homes for sale
Affordability & Housing Stock
Rent Burden
34.9%
of renters spending 30%+ of income on housing
13% above US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
45.6%
Complete Housing Data
Home Values
| Census Median Value | $435,100 |
| Zillow Home Value (ZHVI) | $511,402 |
| Median Sale Price | $385,000 |
| Median List Price | $480,000 |
| Price Per Sq Ft | $254 |
Rent
| Census Median Rent | $1,552 |
| Zillow Rent (ZORI) | $2,496 |
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
| Days on Market | 47 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 17.8% |
| Homes Sold | 49 |
| Active Inventory | 185 |
| Price Per Sq Ft | $254 |
Ownership & Stock
| Owner-Occupied | 45.6% |
| Renter-Occupied | 54.4% |
| Homeownership Rate | 45.6% |
| Total Housing Units | 53,636 |
| Median Year Built | 1971 |
| Rent Burden | 34.9% |