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Latest available · Census ACS 5-Year (2024)

What Is the Average Rent in Ann Arbor city, Michigan?

$1,649/month 6.3%vs 2023 ($1,552)

City · Census ACS 5-Year estimates

The median gross rent in Ann Arbor city, Michigan is $1,649/month (±$39), based on Census ACS 5-Year estimates (2024). The median home value is $453,400 (±$7,438), and the median household income is $82,212/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.

Housing Metrics for Ann Arbor city, Michigan

MetricValue
Median Gross Rent$1,649
Median Home Value$453,400
Median Household Income$82,212
Total Housing Units50,499
Renter-Occupied Units27,544
Renter-Occupied Share55%
Households Paying 50%+ Income9,763 households

How does Ann Arbor city, Michigan compare?

Median gross rent ranked against all cities in Michigan.

Higher rent than 98% of cities in Michigan · 16th of 595

Cheapest: Hermansville CDP($334)
Priciest: Bingham Farms village($3,501)
#CityValue
1Bingham Farms village$3,501
1Bloomfield Hills city$3,501
3Huntington Woods city$2,493
… 12 more …
16Ann Arbor city(you are here)$1,649
… 576 more …
593Hermansville CDP$334
594McBain city$298
595Rapid River CDP$99

More data for Ann Arbor city, Michigan

Frequently asked questions

What is the average rent in Ann Arbor city, Michigan?

The median gross rent in Ann Arbor city, Michigan is $1,649/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the average rent for a 2-bedroom in Ann Arbor city, Michigan?

The median rent for a 2-bedroom in Ann Arbor city, Michigan is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the median home value in Ann Arbor city, Michigan?

The median home value in Ann Arbor city, Michigan is $453,400 according to Census ACS 5-Year estimates (2024).

What percentage of renters in Ann Arbor city are rent-burdened?

In Ann Arbor city, Michigan, 9,763 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.

What is the median household income in Ann Arbor city, Michigan?

The median household income in Ann Arbor city, Michigan is $82,212/year according to Census ACS 5-Year estimates (2024).

How reliable is Census ACS data for small areas?

The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,649 has a margin of error of ±$39. In very small areas, MOEs can be large relative to the estimate.

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This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau. Data from the American Community Survey (ACS) 5-Year Estimates, public domain.