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Imlay City, MI

Full City Profile · Michigan · Lapeer County County

2.8 /5.0
C+ Fair
3,706 Population 1,513/sq mi density
$55,061 Median Income $26,332 per capita
$137,800 Home Value $269,216 Zillow
$764 Median Rent 31.0% income on rent
47°F Avg Temperature 260 sunny days/yr
168 Violent Crime/100K 839 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$55,061 median income, 1.9% unemployment
A+
Affordability
5.0 / 5.0
$137,800 home value, $764/mo rent
F
Safety
1.0 / 5.0
168 violent crimes/100K
D
Education
1.9 / 5.0
11.6% bachelor's degree or higher

Housing Overview

Median Home Value
$137,800
51% below
US avg: $281,900
Median Rent
$764/mo
34% below
US avg: $1,163/mo
Homeownership Rate
53.8%
18% below US avg (65.4%)
Total Housing Units
1,837
Median year built: 1972

Home Value by Source

Census Median
$137,800
Zillow (ZHVI)
$269,216
Median Sale Price
$205,000
Median List Price
$217,400
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

53.8%
Owner-Occupied
46.2%
Renter-Occupied
54%
46%
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: $764/mo

Market Indicators (Redfin)

Median Days on Market
80 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$159
Active Inventory
5
homes for sale

Affordability & Housing Stock

Rent Burden
31.0%
of renters spending 30%+ of income on housing
0% below US avg (31.0%)
Median Year Built
1972
Average age of housing stock: 54 years
Homeownership Rate
53.8%

Complete Housing Data

Home Values

Census Median Value$137,800
Zillow Home Value (ZHVI)$269,216
Median Sale Price$205,000
Median List Price$217,400
Price Per Sq Ft$159

Rent

Census Median Rent$764
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 Market80
Sale-to-List Ratio1.0%
Price Drops20.0%
Homes Sold5
Active Inventory5
Price Per Sq Ft$159

Ownership & Stock

Owner-Occupied53.8%
Renter-Occupied46.2%
Homeownership Rate53.8%
Total Housing Units1,837
Median Year Built1972
Rent Burden31.0%