Washtenaw County

Real Estate in Ann Arbor, MI

Ready to move to Ann Arbor, MI? Click below to learn more about recent housing trends, average home values and other real estate insights .

Real Estate Overview

So you want to move to Ann Arbor, MI, but aren’t sure if you can afford the housing costs? Here’s what you need to know: The median home price in Ann Arbor is $240,700, while the median rent for a one bedroom apartment is $1063 . The median salary in Ann Arbor, MI, is $55,990, and depending on how yours compares, it should help you determine which housing option is best for you.

Property Values in Ann Arbor, MI

  $1,000,000 or More 0.7%
  $50k to $99k 6.2%
  $100k to $149k 9.2%
  $200k to $299k 31%
  $300k to $499k 22.7%
  $500k to $999k 9.6%
  Less than $50k 3.3%

$240700
Median Home Price
in Ann Arbor, MI

Monthly Rent in Ann Arbor, MI

Property Tax (with Mortgage) in Ann Arbor, MI

$1.5k to $2k 31.4%
$1k to $1.5k 22.8%
$2.5k to $3k 8.9%
$2k to $2.5k 16.1%
Property Tax $3k or more 11.4%
$500 to $999 8.8%

$1749
Median Property Tax
in Ann Arbor, MI

Property Tax (without Mortgage) in Ann Arbor, MI

$1k or More 22.1%
$250 to $399 5.6%
$400 to $599 22.3%
$600 to $799 28.4%
$800 to $999 17.2%
Less than $250 4.4%
Property Tax Less $0.5k 0.6%

$240700
Median Propery Value
in Ann Arbor, MI

$1063
Median Rent
in Ann Arbor, MI

Ann Arbor, MI Rankings