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Lowell, MI

Full City Profile · Michigan · Ionia County County

3.4 /5.0
B Good
4,133 Population 1,435/sq mi density
$71,406 Median Income $32,848 per capita
$231,100 Home Value $393,835 Zillow
$788 Median Rent 29.7% income on rent
47°F Avg Temperature 260 sunny days/yr
167 Violent Crime/100K 2,477 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$71,406 median income, 1.4% unemployment
A+
Affordability
4.9 / 5.0
$231,100 home value, $788/mo rent
F
Safety
1.0 / 5.0
167 violent crimes/100K
B
Education
3.2 / 5.0
27.2% bachelor's degree or higher

Housing Overview

Median Home Value
$231,100
18% below
US avg: $281,900
Median Rent
$788/mo
32% below
US avg: $1,163/mo
Homeownership Rate
71.1%
9% above US avg (65.4%)
Total Housing Units
1,762
Median year built: 1966

Home Value by Source

Census Median
$231,100
Zillow (ZHVI)
$393,835
Median Sale Price
$353,000
Median List Price
$289,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

71.1%
Owner-Occupied
28.9%
Renter-Occupied
71%
29%
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: $788/mo

Market Indicators (Redfin)

Median Days on Market
56 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
28.6%
of listings with price reduction
Price Per Sq Ft
$239
Active Inventory
7
homes for sale

Affordability & Housing Stock

Rent Burden
29.7%
of renters spending 30%+ of income on housing
4% below US avg (31.0%)
Median Year Built
1966
Average age of housing stock: 60 years
Homeownership Rate
71.1%

Complete Housing Data

Home Values

Census Median Value$231,100
Zillow Home Value (ZHVI)$393,835
Median Sale Price$353,000
Median List Price$289,900
Price Per Sq Ft$239

Rent

Census Median Rent$788
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 Market56
Sale-to-List Ratio1.0%
Price Drops28.6%
Homes Sold4
Active Inventory7
Price Per Sq Ft$239

Ownership & Stock

Owner-Occupied71.1%
Renter-Occupied28.9%
Homeownership Rate71.1%
Total Housing Units1,762
Median Year Built1966
Rent Burden29.7%