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Armada, MI

Full City Profile · Michigan · Macomb County County

3.8 /5.0
B+ Good
1,876 Population 2,535/sq mi density
$110,345 Median Income $40,442 per capita
$249,600 Home Value $364,118 Zillow
$1,094 Median Rent 51.0% income on rent
48°F Avg Temperature 260 sunny days/yr
115 Violent Crime/100K 917 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$110,345 median income, 1.9% unemployment
A+
Affordability
5.0 / 5.0
$249,600 home value, $1,094/mo rent
F
Safety
1.0 / 5.0
115 violent crimes/100K
A
Education
4.1 / 5.0
39.0% bachelor's degree or higher

Housing Overview

Median Home Value
$249,600
11% below
US avg: $281,900
Median Rent
$1,094/mo
6% below
US avg: $1,163/mo
Homeownership Rate
85.7%
31% above US avg (65.4%)
Total Housing Units
657
Median year built: 1954

Home Value by Source

Census Median
$249,600
Zillow (ZHVI)
$364,118
Median Sale Price
$350,000
Median List Price
$219,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

85.7%
Owner-Occupied
14.3%
Renter-Occupied
86%
14%
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: $1,094/mo

Market Indicators (Redfin)

Median Days on Market
76 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
33.3%
of listings with price reduction
Price Per Sq Ft
$153
Active Inventory
3
homes for sale

Affordability & Housing Stock

Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1954
Average age of housing stock: 72 years
Homeownership Rate
85.7%

Complete Housing Data

Home Values

Census Median Value$249,600
Zillow Home Value (ZHVI)$364,118
Median Sale Price$350,000
Median List Price$219,000
Price Per Sq Ft$153

Rent

Census Median Rent$1,094
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 Market76
Sale-to-List Ratio1.0%
Price Drops33.3%
Homes Sold3
Active Inventory3
Price Per Sq Ft$153

Ownership & Stock

Owner-Occupied85.7%
Renter-Occupied14.3%
Homeownership Rate85.7%
Total Housing Units657
Median Year Built1954
Rent Burden51.0%