Michigan housing market
Typical home value
$264K
▲ 3.8% 1 yr
5-year change
+24%
U.S. +20%
Median city rent
$1,534/mo
70 cities
Unemployment rate
5.0%
Median household income
$77K
2025
Key takeaways
- 1The typical home in Michigan is worth $263,760, up 3.8% in a year and up 24% over five years. That's the #40 most expensive of 51.
- 2Across 70 cities with rent data, median typical rent is $1,534/mo, roughly a 7.0% gross yield on the typical home.
- 3Median household income was $76,800 in 2025, so the typical home costs 3.4× income.
- 4Unemployment is 5.0% (+0.1 pts in a year).
Home values
Source: Zillow Research (ZHVI, ZORI and market activity data).
Source: FRED, Federal Reserve Bank of St. Louis. Quarterly, all-transactions index.
Michigan metro areas
Detroit, MI
$264K home$1,514 rent6.9% yield
▲ 1.8% 1 yr
Grand Rapids, MI
$356K home$1,614 rent5.4% yield
▲ 4.9% 1 yr
Lansing, MI
$246K home$1,302 rent6.3% yield
▲ 3.6% 1 yr
Flint, MI
$196K home$1,041 rent6.4% yield
▲ 4.1% 1 yr
Ann Arbor, MI
$412K home$1,917 rent5.6% yield
▲ 2.4% 1 yr
Kalamazoo, MI
$274K home$1,287 rent5.6% yield
▲ 4.4% 1 yr
Saginaw, MI
$175K home$1,055 rent7.2% yield
▲ 5.4% 1 yr
Muskegon, MI
$255K home$1,288 rent6.1% yield
▲ 4.3% 1 yr
Jackson, MI
$225K home$1,185 rent6.3% yield
▲ 2.6% 1 yr
Niles, MI
$281K home$1,403 rent6.0% yield
▲ 7.0% 1 yr
Monroe, MI
$270K home$1,277 rent5.7% yield
▲ 6.1% 1 yr
Traverse City, MI
$419K home$1,853 rent5.3% yield
▲ 3.2% 1 yr
Battle Creek, MI
$190K home$1,146 rent7.2% yield
▲ 3.2% 1 yr
Bay City, MI
$186K home$1,018 rent6.6% yield
▲ 6.5% 1 yr
Midland, MI
$245K home$1,382 rent6.8% yield
▲ 9.1% 1 yr
Marquette, MI
$263K home$1,276 rent5.8% yield
▲ 8.8% 1 yr
Michigan cities
70 cities, largest first. Click a column to sort.
70 cities
| Detroit | $75K | ▼ 5.9% | $1,328 | ▲ 5.1% | 21.3% |
| Grand Rapids | $304K | ▲ 3.3% | $1,602 | ▲ 4.3% | 6.3% |
| Ann Arbor | $517K | ▲ 3.0% | $2,026 | ▲ 1.2% | 4.7% |
| Lansing | $166K | ▲ 2.1% | $1,197 | ▲ 5.9% | 8.6% |
| Warren | $197K | ▼ 0.1% | $1,369 | ▲ 3.5% | 8.3% |
| Kalamazoo | $238K | ▲ 4.1% | $1,216 | ▲ 5.4% | 6.1% |
| Sterling Heights | $305K | ▲ 0.9% | $1,567 | ▲ 1.7% | 6.2% |
| Flint | $64K | ▼ 0.4% | $927 | ▲ 5.8% | 17.3% |
| Saginaw | $134K | ▲ 5.1% | $1,058 | ▲ 8.3% | 9.5% |
| Dearborn | $248K | ▲ 3.8% | $1,861 | ▲ 3.2% | 9.0% |
| Jackson | $190K | ▲ 2.3% | $1,159 | ▲ 6.2% | 7.3% |
| Clinton Township | $255K | ▲ 1.1% | $1,297 | ▲ 3.3% | 6.1% |
| Canton | $401K | ▲ 1.2% | $1,904 | ▲ 3.9% | 5.7% |
| Livonia | $312K | ▲ 2.2% | $1,699 | ▲ 3.9% | 6.5% |
| Holland | $371K | ▲ 4.4% | $1,618 | ▲ 1.2% | 5.2% |
| Macomb | $426K | ▲ 2.4% | $1,745 | ▲ 4.6% | 4.9% |
| Troy | $454K | ▲ 1.9% | $1,854 | ▲ 3.4% | 4.9% |
| Westland | $211K | ▲ 1.6% | $1,301 | ▲ 3.7% | 7.4% |
| Battle Creek | $184K | ▲ 3.3% | $1,159 | ▲ 2.7% | 7.6% |
| Farmington Hills | $387K | ▲ 2.1% | $1,478 | ▲ 6.3% | 4.6% |
| Shelby Township | $403K | ▲ 2.0% | $1,580 | ▲ 2.8% | 4.7% |
| Rochester Hills | $466K | ▲ 3.3% | $1,772 | ▲ 0.5% | 4.6% |
| Southfield | $251K | ▲ 1.9% | $1,539 | ▲ 3.7% | 7.3% |
| Traverse City | $444K | ▲ 2.1% | $1,850 | ▲ 4.4% | 5.0% |
| Ypsilanti | $284K | ▲ 0.8% | $1,296 | ▲ 2.9% | 5.5% |
| Waterford | $275K | ▲ 2.9% | $1,323 | ▲ 3.1% | 5.8% |
| West Bloomfield | $456K | ▲ 2.6% | $2,277 | ▲ 6.8% | 6.0% |
| Midland | $252K | ▲ 9.3% | $1,442 | ▲ 5.2% | 6.9% |
| Taylor | $175K | ▲ 1.0% | $1,518 | ▲ 0.9% | 10.4% |
| Dearborn Heights | $213K | ▲ 2.3% | $1,447 | ▲ 2.0% | 8.2% |
| Howell | $384K | ▲ 2.4% | $1,824 | ▲ 4.5% | 5.7% |
| Pontiac | $135K | ▲ 0.7% | $1,351 | ▲ 0.2% | 12.0% |
| Novi | $466K | ▲ 2.8% | $1,832 | ▲ 3.0% | 4.7% |
| Royal Oak | $328K | ▲ 1.9% | $1,962 | ▲ 5.0% | 7.2% |
| Wyoming | $291K | ▲ 3.7% | $1,555 | ▲ 3.5% | 6.4% |
| Muskegon | $191K | ▲ 2.5% | $1,200 | ▲ 5.5% | 7.5% |
| Kentwood | $332K | ▲ 3.9% | $1,565 | ▲ 6.4% | 5.7% |
| Grand Blanc | $292K | ▲ 3.6% | $1,079 | ▲ 2.6% | 4.4% |
| Monroe | $221K | ▲ 5.6% | $1,236 | ▲ 5.4% | 6.7% |
| Saint Clair Shores | $228K | ▲ 2.2% | $1,707 | ▲ 5.3% | 9.0% |
| East Lansing | $317K | ▲ 3.4% | $1,847 | ▲ 4.5% | 7.0% |
| Redford | $173K | ▲ 1.2% | $1,574 | ▲ 1.3% | 10.9% |
| Portage | $296K | ▲ 4.8% | $1,618 | ▲ 5.1% | 6.6% |
| Bloomfield Hills | $670K | ▲ 4.2% | $2,718 | ▲ 7.6% | 4.9% |
| Roseville | $171K | ▲ 2.1% | $1,265 | ▲ 2.9% | 8.9% |
| Clarkston | $429K | ▲ 3.0% | $1,830 | ▲ 4.8% | 5.1% |
| Northville | $590K | ▲ 4.4% | $1,736 | ▲ 5.6% | 3.5% |
| Mount Pleasant | $227K | ▲ 6.9% | $1,123 | ▲ 9.7% | 5.9% |
| Fenton | $364K | ▲ 2.9% | $1,479 | ▲ 5.9% | 4.9% |
| Lincoln Park | $151K | ▲ 1.0% | $1,236 | ▲ 4.0% | 9.8% |
| Plymouth | $474K | ▲ 3.6% | $1,529 | ▲ 3.9% | 3.9% |
| Port Huron | $174K | ▲ 3.6% | $1,088 | ▲ 7.1% | 7.5% |
| Commerce Township | $398K | ▲ 2.2% | $2,313 | ▲ 15.9% | 7.0% |
| Eastpointe | $152K | ▲ 0.8% | $1,467 | ▲ 4.6% | 11.6% |
| Bay City | $126K | ▲ 5.2% | $968 | ▲ 3.2% | 9.2% |
| Grand Haven | $399K | ▲ 4.4% | $1,690 | ▲ 6.7% | 5.1% |
| Marquette | $342K | ▲ 9.0% | $1,401 | ▲ 1.5% | 4.9% |
| Southgate | $193K | ▲ 2.2% | $1,446 | ▲ 6.6% | 9.0% |
| Oak Park | $231K | ▲ 1.8% | $1,540 | ▲ 2.4% | 8.0% |
| Madison Heights | $215K | ▼ 1.2% | $1,565 | ▲ 2.7% | 8.7% |
| Inkster | $106K | ▲ 1.4% | $1,211 | ▲ 1.2% | 13.7% |
| Wyandotte | $188K | ▲ 0.9% | $1,166 | ▲ 2.4% | 7.5% |
| Auburn Hills | $277K | ▲ 2.8% | $1,799 | ▲ 4.8% | 7.8% |
| Birmingham | $745K | ▲ 6.4% | $2,682 | ▲ 4.6% | 4.3% |
| Harrison Township | $279K | ▼ 2.9% | $1,307 | ▲ 1.2% | 5.6% |
| Holt | $265K | ▲ 3.0% | $1,692 | ▲ 0.7% | 7.7% |
| Ferndale | $246K | ▼ 1.7% | $1,654 | ▲ 4.6% | 8.1% |
| Saint Joseph | $338K | ▲ 5.7% | $1,618 | ▲ 2.9% | 5.7% |
| Hazel Park | $154K | ▼ 3.4% | $1,521 | ▲ 2.9% | 11.8% |
| Harper Woods | $150K | ▼ 1.2% | $1,369 | ▲ 2.5% | 10.9% |
Landlord law in Michigan
Michigan landlord-tenant rules
Deposit limit: 1½ months' rent. Return deadline, late fees, notice periods and sources →
Data refreshed Oct 26, 2026.