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States / Michigan / Ann Arbor

Ann Arbor, MI Housing

ACS 2020-2024

Median Home Value
$453,400 ± $7,438
Median Gross Rent
$1,649 ± $39/mo
Homeownership Rate
45.5%
Rent as Share of Income
24.1%
Price-to-Income Ratio
5.5×
Vacancy Rate
7.2%
Median Year Built
1971

New Construction (2025)

Housing units authorized by building permit — a leading signal of new supply, from the Census Building Permits Survey.

Units Authorized
557
Buildings
56
Single-Family Units
48
Multi-Family Units
509

Nearby Cities in Michigan

Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.

Ann Arbor, MI Housing: Rent & Home Values | HomeDataUSA