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Home values, rents and more in Ann Arbor, MI

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$517,000
Metro: $412,000 · U.S.: $366,000
Home values, past year
+3.0%
Metro: +2.4% · U.S.: +1.2%
Typical rent
$2,026/mo
Metro: $1,917 · U.S.: $1,932
Rents, past year
+2.3%
Metro: +2.4% · U.S.: +2.9%
Population
122,036
ACS 2020–24
Median household income
$82,212
Metro: $89,180 · U.S.: $80,734
ZIP codes around Ann Arbor, MI, shaded by typical home valueAnn Arbor48105481084810448109
  • Under $350k
  • $350k–$440k
  • $440k–$500k
  • $500k–$530k
  • $530k+
  • No data
ZIP codes around Ann Arbor, MI, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. Ann Arbor is outlined.

How Ann Arbor compares

The typical home in Ann Arbor, MI is worth about $517,000, according to the Zillow Home Value Index for September 2026. Home values in Ann Arbor are 26% above the typical value in the Ann Arbor metro area ($412,000) and 41% above the U.S. typical value ($366,000).

Over the past year, home values in Ann Arbor rose 3.0%, compared with +2.4% in the Ann Arbor metro area and +1.2% nationally.

Typical rent is $2,026 a month (Zillow Observed Rent Index), 6% above the Ann Arbor metro area ($1,917) and 5% above the U.S. ($1,932). Rents rose 2.3% over the past year.

The median household income is $82,212, against $89,180 in the Ann Arbor metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 122,036 people live in Ann Arbor (American Community Survey 2020–24).

Ann Arbor has the highest typical home value of the 9 cities in the Ann Arbor metro area and the 28th-highest of 686 in Michigan with Zillow figures.

Part of: Washtenaw County, MI · Ann Arbor metro area · Michigan

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Crime rates
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby cities

ZIP codes in Ann Arbor, MI

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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