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Okemos, MI

Full City Profile · Michigan · Ingham County County

3.9 /5.0
B+ Good
25,503 Population 1,513/sq mi density
$97,603 Median Income $56,357 per capita
$336,800 Home Value $366,161 Zillow
$1,250 Median Rent 28.6% income on rent
49°F Avg Temperature 260 sunny days/yr
278 Violent Crime/100K 1,438 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$97,603 median income, 2.1% unemployment
A+
Affordability
4.7 / 5.0
$336,800 home value, $1,250/mo rent
F
Safety
1.0 / 5.0
278 violent crimes/100K
A+
Education
5.0 / 5.0
74.3% bachelor's degree or higher

Housing Overview

Median Home Value
$336,800
19% above
US avg: $281,900
Median Rent
$1,250/mo
7% above
US avg: $1,163/mo
Homeownership Rate
60.1%
8% below US avg (65.4%)
Total Housing Units
11,085
Median year built: 1983

Home Value by Source

Census Median
$336,800
Zillow (ZHVI)
$366,161
Median Sale Price
$323,000
Median List Price
$359,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

60.1%
Owner-Occupied
39.9%
Renter-Occupied
60%
40%
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: $1,250/mo · Zillow rent: $1,816/mo

Market Indicators (Redfin)

Median Days on Market
53 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
12
Price Drops
8.3%
of listings with price reduction
Price Per Sq Ft
$158
Active Inventory
24
homes for sale

Affordability & Housing Stock

Rent Burden
28.6%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Median Year Built
1983
Average age of housing stock: 43 years
Homeownership Rate
60.1%

Complete Housing Data

Home Values

Census Median Value$336,800
Zillow Home Value (ZHVI)$366,161
Median Sale Price$323,000
Median List Price$359,900
Price Per Sq Ft$158

Rent

Census Median Rent$1,250
Zillow Rent (ZORI)$1,816
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 Market53
Sale-to-List Ratio1.0%
Price Drops8.3%
Homes Sold12
Active Inventory24
Price Per Sq Ft$158

Ownership & Stock

Owner-Occupied60.1%
Renter-Occupied39.9%
Homeownership Rate60.1%
Total Housing Units11,085
Median Year Built1983
Rent Burden28.6%