Ann Arbor, MI

Metro area in Michigan · Updated Jan 2026

12-Month Forecast ↑ +0.4%

Median Home Value

$398,084

↑ +1.9%

Year-over-year

Median Rent

$2,050/mo

↑ +1.6%

Year-over-year

Rental Yield

6.2%

Excellent for investors

5-Year Appreciation

+25.8%

Income Needed to Buy

$108,544

20% down, 30% DTI max

Active Listings

617

For-sale inventory

Price-to-Rent Ratio

16.2

Neutral market

Price Forecast

1 Month

↑ +0.3%

3 Months

↑ +0.7%

12 Months

↑ +0.4%

5-Year Price Trend

Calculate your mortgage for Ann Arbor, MI

See monthly payments for a $398,084 home →

Should you rent or buy in Ann Arbor, MI?

Price-to-rent ratio: 16.2x — It depends on your timeline. Run a full breakeven analysis with Ann Arbor, MI numbers pre-filled →

Frequently Asked Questions