Perry, MI

Full City Profile · Michigan · Shiawassee County County

3.4 /5.0
B Good
2,198 Population 845/sq mi density
$73,468 Median Income $32,864 per capita
$144,400 Home Value $266,915 Zillow
$931 Median Rent 21.8% income on rent
48°F Avg Temperature
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$73,468 median income, 6.1% unemployment
A+
Affordability
5.0 / 5.0
$144,400 home value, $931/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C+
Education
2.6 / 5.0
19.6% bachelor's degree or higher

Housing Overview

Median Home Value
$144,400
49% below
US avg: $281,900
Median Rent
$931/mo
20% below
US avg: $1,163/mo
Homeownership Rate
63.9%
2% below US avg (65.4%)
Total Housing Units
970
Median year built: 1973

Home Value by Source

Census Median
$144,400
Zillow (ZHVI)
$266,915
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

63.9%
Owner-Occupied
36.1%
Renter-Occupied
64%
36%
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: $931/mo

Affordability & Housing Stock

Rent Burden
21.8%
of renters spending 30%+ of income on housing
30% below US avg (31.0%)
Median Year Built
1973
Average age of housing stock: 53 years
Homeownership Rate
63.9%

Complete Housing Data

Home Values

Census Median Value$144,400
Zillow Home Value (ZHVI)$266,915

Rent

Census Median Rent$931
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-Occupied63.9%
Renter-Occupied36.1%
Homeownership Rate63.9%
Total Housing Units970
Median Year Built1973
Rent Burden21.8%