Albion, MI Housing Statistics

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68%

Med. Home Val. NAT. AVG.

30%

Rent NAT. AVG.

11%

Owner Occ. NAT. AVG.

Albion Housing Information

Index	Albion	Michigan	National
Median home price	$106,092	$235,809	$326,622
Median rent asked	$1,013	$1,222	$1,444
Avg. people per household	2.6	2.5	2.6
Owner occupied households	56.6%	70.8%	63.6%
Renter occupied households	43.4%	29.2%	36.4%

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Homes For Sale In Albion, MI

1217 Salvia Dr #151

Albion, MI

308 State St

Albion, MI

109 Crandall St

Albion, MI

505 N Ionia St

Albion, MI

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Housing Quick Facts

The median home price in Albion is 68% lower than the national average.
The median rent asked in Albion is 30% lower than the national average.
The average number of people per household in Albion is 2% lower than the national average.
The number of owner occupied households in Albion is 11% lower than the national average.
The number of renter occupied households in Albion is 19% higher than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Tekonsha, MI	647	$142,226	56%
Bellevue, MI	1,185	$146,469	55%
Litchfield, MI	1,280	$147,919	55%
Springport, MI	866	$151,371	54%
Parma, MI	554	$160,187	51%
Albion, MI	8,601	$106,092	68%

Cities with similar population

	Population	Home Price	National Avg.
Southwood Acres, CT	8,601	$346,975	6%
Mystic Island, NJ	8,603	$376,391	15%
Applewood, CO	8,603	$998,720	206%
Bath, ME	8,599	$333,813	2%
Boonville, MO	8,604	$234,119	28%
Albion, MI	8,601	$106,092	68%

Source: The Albion, MI housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.