Ann Arbor, MI Real Estate

According to census data in the year 2000 there were 47,214 housing units in Ann Arbor. This represents a 7.3% growth from 44,010 in 1990.

Of those housing units, 47,214 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Ann Arbor is about 45.2%. Ann Arbor's vacancy rate, including seasonal lodging, is about 3.3%. Average household size is 2.23 people.

The majority of houses, apartments or condos in Ann Arbor were built after 1965.


Housing Size

Housing Units by Size
Studio Type5%
One Bedroom20.80%
Two Bedrooms31%
Three Bedrooms26.80%
Four Bedrooms12.60%
Five Bedrooms or more3.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.41
Median year structure was built1961
Median Value of occupied units$181,400
Median Price asked for vacant units$188,300

Rented Homes, Apartments and Condos

Average Household Size2.07
Median year structure was built1968
Median Monthly Rent asked for vacant units$828

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage4%
Home Equity Loan12.30%
Simple Mortgage58.60%
Debt Free25%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.3%