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 .
Pair plentiful outdoor activities, job opportunities and affordability with a welcoming vibe, and it’s no wonder Michigan is a draw for families.
Great schools. Gorgeous parks. Job opportunities. Friendly people. Is it any wonder Ann Arbor is our #1 Best Place to Live in 2018?
Ann Arbor provides plenty to do for new residents, regardless of age or interest
Discover the best neighborhoods in Ann Arbor.
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%|
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%|
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%|