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Adrian, MI Home Values and Rents

The typical home value in Adrian is $189,486, 312th highest of 442 cities and towns in Michigan. Median rent is $956 a month.

Typical home value
$189,486
312th of 442 in MI
Median rent
$956/mo
ACS 2020-2024
Price change, 1 year
+3.9%
Sep 2026
Homeownership
55.7%
MI: 73.2%

Typical home value in Adrian

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodAdrian
Sep 2026$189,486
Dec 2025$185,015
Dec 2024$178,781
Dec 2023$173,106
Dec 2022$164,796
Dec 2021$153,062
Dec 2020$138,352
Dec 2019$124,719
Dec 2018$118,177
Dec 2017$108,913
Dec 2016$93,756
Dec 2015$91,820
Dec 2014$87,091
Dec 2013$77,452
Dec 2012$71,467

Over five years, Adrian prices changed +24.9%.

Source: Zillow Research · Last updated 09/01/2026

Housing at a glance

American Community Survey 2020-2024 5-year estimates, compared with Michigan

Median home value
$138,000 · MI $231,600
Median gross rent
$956/mo · MI $1,129
Home value to income
2.7 times the median household income ($50,209)
Rent to income
A year of median rent equals 23% of median household income
Owner-occupied
55.7% of 8,137 households
Housing units
9,328
Vacancy rate
12.8%
Median year built
1959

Fair Market Rents, FY2027

HUD rent standard for Lenawee County, MI

MI rents
Unit sizeMonthly rent
Studio$832
1 bedroom$913
2 bedrooms$1,195
3 bedrooms$1,504
4 bedrooms$1,571

Home values by ZIP code

Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index

Swipe the table sideways to see more columns.

#ZIP codeMedian valueMedian rent1-year5-year
149221$170,400$992+5.9%+48.7%

Frequently asked questions

What is the typical home value in Adrian, MI?
The typical home value in Adrian is $189,486 (Zillow Home Value Index, Sep 2026). The Michigan median is $231,600.
How much is rent in Adrian?
The median rent in Adrian is $956 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 Adrian?
The typical home value in Adrian changed +3.9% over one year and +24.9% over five years, as of Sep 2026.
How does Adrian compare with the rest of Michigan?
Adrian has the 312th highest median home value of 442 cities and towns with 1,000+ residents in Michigan.
Which ZIP code in Adrian has the highest home values?
ZIP code 49221 has the highest median home value at $170,400.