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Ravenna, MI
Full City Profile · Michigan · Kent County County
3.4
/5.0
B
Good
1,472
Population
1,237/sq mi density
$73,233
Median Income
$31,673 per capita
$191,300
Home Value
$286,347 Zillow
$809
Median Rent
41.4% income on rent
47°F
Avg Temperature
260 sunny days/yr
2,174
Violent Crime/100K
53,623 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$73,233 median income, 1.3% unemployment
A+
Affordability
5.0 / 5.0
$191,300 home value, $809/mo rent
F
Safety
1.0 / 5.0
2,174 violent crimes/100K (472% above avg)
B
Education
3.1 / 5.0
26.0% bachelor's degree or higher
Housing Overview
Median Home Value
$191,300
32% below
US avg: $281,900
Median Rent
$809/mo
30% below
US avg: $1,163/mo
Homeownership Rate
81.6%
25% above US avg (65.4%)
Total Housing Units
522
Median year built: 1974
Home Value by Source
Census Median
$191,300
Zillow (ZHVI)
$286,347
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
81.6%
Owner-Occupied
18.4%
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:
$809/mo
Affordability & Housing Stock
Rent Burden
41.4%
of renters spending 30%+ of income on housing
34% above US avg (31.0%)
Median Year Built
1974
Average age of housing stock: 52 years
Homeownership Rate
81.6%
Complete Housing Data
Home Values
| Census Median Value | $191,300 |
| Zillow Home Value (ZHVI) | $286,347 |
Rent
| Census Median Rent | $809 |
| 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 | 81.6% |
| Renter-Occupied | 18.4% |
| Homeownership Rate | 81.6% |
| Total Housing Units | 522 |
| Median Year Built | 1974 |
| Rent Burden | 41.4% |