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Three Rivers, MI

Full City Profile · Michigan · St. Joseph County County

2.9 /5.0
C+ Fair
7,936 Population 1,420/sq mi density
$48,852 Median Income $24,693 per capita
$120,200 Home Value $215,613 Zillow
$815 Median Rent 26.5% income on rent
49°F Avg Temperature 275 sunny days/yr
981 Violent Crime/100K 4,606 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$48,852 median income, 5.4% unemployment
A+
Affordability
5.0 / 5.0
$120,200 home value, $815/mo rent
F
Safety
1.0 / 5.0
981 violent crimes/100K (158% above avg)
C
Education
2.2 / 5.0
15.2% bachelor's degree or higher

Housing Overview

Median Home Value
$120,200
57% below
US avg: $281,900
Median Rent
$815/mo
30% below
US avg: $1,163/mo
Homeownership Rate
54.3%
17% below US avg (65.4%)
Total Housing Units
3,489
Median year built: 1959

Home Value by Source

Census Median
$120,200
Zillow (ZHVI)
$215,613
Median Sale Price
$208,950
Median List Price
$211,200
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

54.3%
Owner-Occupied
45.7%
Renter-Occupied
54%
46%
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: $815/mo

Market Indicators (Redfin)

Median Days on Market
105 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
6
Price Drops
23.1%
of listings with price reduction
Price Per Sq Ft
$158
Active Inventory
26
homes for sale

Affordability & Housing Stock

Rent Burden
26.5%
of renters spending 30%+ of income on housing
15% below US avg (31.0%)
Median Year Built
1959
Average age of housing stock: 67 years
Homeownership Rate
54.3%

Complete Housing Data

Home Values

Census Median Value$120,200
Zillow Home Value (ZHVI)$215,613
Median Sale Price$208,950
Median List Price$211,200
Price Per Sq Ft$158

Rent

Census Median Rent$815
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 Market105
Sale-to-List Ratio1.0%
Price Drops23.1%
Homes Sold6
Active Inventory26
Price Per Sq Ft$158

Ownership & Stock

Owner-Occupied54.3%
Renter-Occupied45.7%
Homeownership Rate54.3%
Total Housing Units3,489
Median Year Built1959
Rent Burden26.5%