Metamora, MI
Full City Profile · Michigan · Oakland County County
4.5
/5.0
A+
Excellent
761
Population
917/sq mi density
$84,453
Median Income
$34,642 per capita
$264,500
Home Value
$414,509 Zillow
$988
Median Rent
28.5% income on rent
47°F
Avg Temperature
A+
Overall
4.5 / 5.0
Strong
A+
Economy
4.7 / 5.0
$84,453 median income, 1.6% unemployment
A+
Affordability
4.9 / 5.0
$264,500 home value, $988/mo rent
B+
Education
3.8 / 5.0
35.2% bachelor's degree or higher
Housing Overview
Median Home Value
$264,500
6% below
US avg: $281,900
Median Rent
$988/mo
15% below
US avg: $1,163/mo
Homeownership Rate
81.5%
25% above US avg (65.4%)
Total Housing Units
232
Median year built: 1972
Home Value by Source
Census Median
$264,500
Zillow (ZHVI)
$414,509
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
81.5%
Owner-Occupied
18.5%
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:
$988/mo
Affordability & Housing Stock
Rent Burden
28.5%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Median Year Built
1972
Average age of housing stock: 54 years
Homeownership Rate
81.5%
Complete Housing Data
Home Values
| Census Median Value | $264,500 |
| Zillow Home Value (ZHVI) | $414,509 |
Rent
| Census Median Rent | $988 |
| 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 | 81.5% |
| Renter-Occupied | 18.5% |
| Homeownership Rate | 81.5% |
| Total Housing Units | 232 |
| Median Year Built | 1972 |
| Rent Burden | 28.5% |