Above, you'll find an overview of the real estate market in Albion, MI. Generally, real estate in the Albion, MI area is more affordable in Michigan, as the median price of a home in Albion, MI is $56,900, which is 55% lower than the Michigan average. The median rental price in Albion, MI is $594. This is 26% lower than the average rental price in Michigan. Home owners comprise 62.2% of the population of Albion, MI, where an average of 2.3 people live in each home. Various real estate options from luxurious homes to affordable condos and urban townhomes are available in Albion, MI. Below, you can search for real estate listings in Albion, MI using our search functionality that allows you to personalize your search and filter out location, price, and number of bedrooms and bathrooms.