Morenci, MI
Full City Profile · Michigan · Fulton County County
3.0
/5.0
B
Good
2,149
Population
1,014/sq mi density
$58,438
Median Income
$25,911 per capita
$93,800
Home Value
$168,461 Zillow
$732
Median Rent
23.2% income on rent
48°F
Avg Temperature
275 sunny days/yr
419
Violent Crime/100K
885 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$58,438 median income, 1.5% unemployment
A+
Affordability
5.0 / 5.0
$93,800 home value, $732/mo rent
F
Safety
1.0 / 5.0
419 violent crimes/100K (10% above avg)
D
Education
1.8 / 5.0
9.6% bachelor's degree or higher
Housing Overview
Median Home Value
$93,800
67% below
US avg: $281,900
Median Rent
$732/mo
37% below
US avg: $1,163/mo
Homeownership Rate
72.9%
11% above US avg (65.4%)
Total Housing Units
902
Median year built: 1943
Home Value by Source
Census Median
$93,800
Zillow (ZHVI)
$168,461
Median Sale Price
$85,000
Median List Price
$99,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
72.9%
Owner-Occupied
27.1%
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:
$732/mo
Market Indicators (Redfin)
Median Days on Market
240 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
8.3%
of listings with price reduction
Price Per Sq Ft
$38
Active Inventory
12
homes for sale
Affordability & Housing Stock
Rent Burden
23.2%
of renters spending 30%+ of income on housing
25% below US avg (31.0%)
Median Year Built
1943
Average age of housing stock: 83 years
Homeownership Rate
72.9%
Complete Housing Data
Home Values
| Census Median Value | $93,800 |
| Zillow Home Value (ZHVI) | $168,461 |
| Median Sale Price | $85,000 |
| Median List Price | $99,000 |
| Price Per Sq Ft | $38 |
Rent
| Census Median Rent | $732 |
| 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 | 240 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 8.3% |
| Homes Sold | 1 |
| Active Inventory | 12 |
| Price Per Sq Ft | $38 |
Ownership & Stock
| Owner-Occupied | 72.9% |
| Renter-Occupied | 27.1% |
| Homeownership Rate | 72.9% |
| Total Housing Units | 902 |
| Median Year Built | 1943 |
| Rent Burden | 23.2% |
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