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Ann Arbor, MI vs Warren, MI

Side-by-side rent vs. buy comparison using 2026 market data — home prices, rents, price-to-rent ratios, and more.

Ann Arbor

Michigan

Buy Favored

Median Price

$460K

Avg Rent

$6,494/mo

Price-to-Rent Ratio

5.9×

Warren

Michigan

Buy Favored

Median Price

$187K

Avg Rent

$2,640/mo

Price-to-Rent Ratio

5.9×

Head-to-Head Comparison

MetricAnn Arbor, MIWarren, MIWinner
Median Home Price$460K$187KWarren — More Affordable
Average Rent$6,494/mo$2,640/moWarren — Lower Rent
Price-to-Rent Ratio5.9×5.9×
Median List Price$439K$219KWarren — Lower List Price
Price per Sq Ft$280/sqft$135/sqftWarren — Lower Cost/SqFt
Days on Market48 days29 daysAnn Arbor — Hotter Market

Frequently Asked Questions

Is it cheaper to live in Ann Arbor or Warren?

Ann Arbor has a median home price of $460K and average rent of $6,494/mo, while Warren has a median home price of $187K and average rent of $2,640/mo.

Should I rent or buy in Ann Arbor?

Ann Arbor has a price-to-rent ratio of 5.9×. This suggests buying may be more cost-effective long-term.

Should I rent or buy in Warren?

Warren has a price-to-rent ratio of 5.9×. This suggests buying may be more cost-effective long-term.

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