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Petersburg, MI
Full City Profile · Michigan · Monroe County County
3.2
/5.0
B
Good
1,261
Population
2,627/sq mi density
$76,071
Median Income
$33,080 per capita
$197,100
Home Value
$299,041 Zillow
$1,019
Median Rent
33.5% income on rent
49°F
Avg Temperature
275 sunny days/yr
123
Violent Crime/100K
888 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$76,071 median income, 2.3% unemployment
A+
Affordability
5.0 / 5.0
$197,100 home value, $1,019/mo rent
F
Safety
1.0 / 5.0
123 violent crimes/100K
C
Education
2.5 / 5.0
18.2% bachelor's degree or higher
Housing Overview
Median Home Value
$197,100
30% below
US avg: $281,900
Median Rent
$1,019/mo
12% below
US avg: $1,163/mo
Homeownership Rate
83.5%
28% above US avg (65.4%)
Total Housing Units
452
Median year built: 1951
Home Value by Source
Census Median
$197,100
Zillow (ZHVI)
$299,041
Median Sale Price
$190,000
Median List Price
$219,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
83.5%
Owner-Occupied
16.5%
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:
$1,019/mo
Market Indicators (Redfin)
Median Days on Market
7 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
100.0%
of listings with price reduction
Price Per Sq Ft
$90
Active Inventory
2
homes for sale
Affordability & Housing Stock
Rent Burden
33.5%
of renters spending 30%+ of income on housing
8% above US avg (31.0%)
Median Year Built
1951
Average age of housing stock: 75 years
Homeownership Rate
83.5%
Complete Housing Data
Home Values
| Census Median Value | $197,100 |
| Zillow Home Value (ZHVI) | $299,041 |
| Median Sale Price | $190,000 |
| Median List Price | $219,900 |
| Price Per Sq Ft | $90 |
Rent
| Census Median Rent | $1,019 |
| 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 | 7 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 100.0% |
| Homes Sold | 1 |
| Active Inventory | 2 |
| Price Per Sq Ft | $90 |
Ownership & Stock
| Owner-Occupied | 83.5% |
| Renter-Occupied | 16.5% |
| Homeownership Rate | 83.5% |
| Total Housing Units | 452 |
| Median Year Built | 1951 |
| Rent Burden | 33.5% |