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Addison, MI Home Values and Rents
The typical home value in Addison is $261,490. Median rent is $643 a month.
- Typical home value
- $261,490
- Zillow
- Median rent
- $643/mo
- ACS 2020-2024
- Price change, 1 year
- +7.3%
- Sep 2026
- Homeownership
- 65.0%
- MI: 73.2%
Typical home value in Addison
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Addison |
|---|---|
| Sep 2026 | $261,490 |
| Dec 2025 | $247,939 |
| Dec 2024 | $248,796 |
| Dec 2023 | $253,327 |
| Dec 2022 | $253,928 |
| Dec 2021 | $235,437 |
| Dec 2020 | $208,965 |
| Dec 2019 | $187,862 |
| Dec 2018 | $170,367 |
| Dec 2017 | $160,990 |
| Dec 2016 | $149,053 |
| Dec 2015 | $141,111 |
| Dec 2014 | $130,940 |
| Dec 2013 | $121,746 |
| Dec 2012 | $117,244 |
Over five years, Addison prices changed +12.3%.
Source: Zillow Research · Last updated 09/01/2026
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Fair Market Rents, FY2027
HUD rent standard for Lenawee County, MI
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $832 | +3.5% |
| 1 bedroom | $913 | +2.7% |
| 2 bedrooms | $1,195 | +2.5% |
| 3 bedrooms | $1,504 | +0.9% |
| 4 bedrooms | $1,571 | -3.1% |
Frequently asked questions
- What is the typical home value in Addison, MI?
- The typical home value in Addison is $261,490 (Zillow Home Value Index, Sep 2026). The Michigan median is $231,600.
- How much is rent in Addison?
- The median rent in Addison is $643 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,195.
- Are home prices going up in Addison?
- The typical home value in Addison changed +7.3% over one year and +12.3% over five years, as of Sep 2026.