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Saranac, MI
Full City Profile · Michigan · Ionia County County
3.2
/5.0
B
Good
1,973
Population
1,716/sq mi density
$64,157
Median Income
$26,724 per capita
$183,300
Home Value
$281,541 Zillow
$415
Median Rent
30.6% income on rent
47°F
Avg Temperature
260 sunny days/yr
284
Violent Crime/100K
2,320 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$64,157 median income, 2.2% unemployment
A+
Affordability
5.0 / 5.0
$183,300 home value, $415/mo rent
F
Safety
1.0 / 5.0
284 violent crimes/100K
C+
Education
2.8 / 5.0
22.4% bachelor's degree or higher
Housing Overview
Median Home Value
$183,300
35% below
US avg: $281,900
Median Rent
$415/mo
64% below
US avg: $1,163/mo
Homeownership Rate
67.2%
3% above US avg (65.4%)
Total Housing Units
790
Median year built: 1965
Home Value by Source
Census Median
$183,300
Zillow (ZHVI)
$281,541
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
67.2%
Owner-Occupied
32.8%
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:
$415/mo
Affordability & Housing Stock
Rent Burden
30.6%
of renters spending 30%+ of income on housing
1% below US avg (31.0%)
Median Year Built
1965
Average age of housing stock: 61 years
Homeownership Rate
67.2%
Complete Housing Data
Home Values
| Census Median Value | $183,300 |
| Zillow Home Value (ZHVI) | $281,541 |
Rent
| Census Median Rent | $415 |
| 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 | 67.2% |
| Renter-Occupied | 32.8% |
| Homeownership Rate | 67.2% |
| Total Housing Units | 790 |
| Median Year Built | 1965 |
| Rent Burden | 30.6% |