The median home in Ann Arbor, Michigan is valued at $501,473, up 3.0% year over year. Typical monthly rent is $2,374, producing a price-to-rent ratio of 17.6x — near the national average of 18x. Ann Arbor is part of the Ann Arbor, MI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$501,473

+3.0%

Rent$2,374/mo

Prices rising — worse for buyers.

Affordability

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Income (annual)

Down Payment

$100,295 on $501,473

Example: $75,000 household income. Change it above to see your own.

Out of reach53% of income

Need $141,986/yr to afford.

PITI$3,313

P/I53%

Afford$265K

Gap-$237K

P&I $2,536Tax $644Ins $133

Renting $939/mo cheaper ($2,374 rent)6.50% 30yr, 20% down, county tax + MI ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Michigan

Compare Ann Arbor with other housing markets across Michigan.

Lake Angelus$1.66M Leland$1.1M Orchard Lake$914K Franklin$845K Lake Leelanau$832K Kewadin$811K Lakeside$800K Northport$758K

Full Ann Arbor, MI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Ann Arbor, MI metro.

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