Flint, Michigan Housing Market Prices
Flint Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 65% below the Michigan median$48,616
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Median rent 19% below the Michigan median$915
Housing Market Overview
| Metric | Flint | Michigan Avg | US Average |
|---|---|---|---|
| Median Home Price | $48,616 | $138,713 | $248,835 |
| Price Trend (Annual %) | 15.3% | 8.6% | 7.5% |
| Median Gross Rent | $915 | $1,129 | $1,407 |
| Rent Trend (Annual %) | 3.8% | 4.5% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Flint is about 65% lower than in Michigan. Rent is about 19% lower than the Michigan average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Flint, up about 15.3% and 3.8% a year respectively. Home prices are changing faster.
Median rent in Flint rose about 35.6% between 2015 and 2024, from $674 to $915. Over the same span, rent in Michigan rose about 44.2%.
Affordability
On average, housing unit costs 1.3 yearly household incomes in Flint.
Buying the median-priced home in Flint costs roughly 4.4 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Flint. The price-to-rent ratio in Michigan is about 10.2.
| Metric | Flint | Michigan Avg | US Average |
|---|---|---|---|
| Median Home Price | $48,616 | $138,713 | $248,835 |
| Median Household Income | $37,948 | $72,977 | $80,455 |
| Price-to-Income Ratio | 1.3 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Flint rose about 117.8%, while median household income rose about 24.4% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Flint | Michigan Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 43.2% | 64.6% | 58.5% |
| Rental Rate | 37.0% | 23.6% | 31.2% |
| Vacancy Rate | 19.8% | 11.8% | 10.2% |
| Median Tenure (years) | 13.0 | 16.0 | 15.0 |
| Median Year Moved In | 2013 | 2010 | 2011 |
Flint has a homeownership rate of 43.2%, lower than the Michigan average of 64.6%. Its housing vacancy rate is 19.8%, compared with 11.8% in Michigan.
Housing Stock
| Metric | Flint | Michigan Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.25 people | 2.42 people | 2.53 people |
| Median Structure Built Year | 1953 | 1972 | 1978 |
| Median Number of Rooms | 5.3 | 5.9 | 5.5 |
The typical housing unit in Flint was built around 1953. On average, 2.3 people live in a home with about 5.3 rooms, staying for about 13.0 years on average.
Flint, MI Housing Compared With Nearby Cities
How Flint, MI compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Flint, MI | 80,168 | $48,616 #2/2 | $915 #2/2 | 53.9% #2/2 |
| Burton, MI | 29,500 | $57,499 | $1,009 | 76.2% |
Frequently Asked Questions
Common questions about the housing market in Flint, Michigan.
What is the median home price in Flint, Michigan?
The median home price in Flint, Michigan is $48,616, lower than the Michigan average of $138,713.
What is the average home price in Flint, Michigan?
The typical home price in Flint, Michigan, reported as the median sale price, is $48,616. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Flint, Michigan?
The median gross rent in Flint, Michigan is $915 per month, lower than the Michigan average of $1,129.
What was the median gross rent in Flint in 2020?
In 2020, the median gross rent in Flint, Michigan was $729 per month.
What is the price-to-rent ratio in Flint, Michigan?
The price-to-rent ratio in Flint, Michigan is about 4.4, meaning it would take roughly 4.4 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Flint.
Are home prices or rent rising faster in Flint, Michigan?
Both home prices and rent are rising in Flint, up about 15.3% and 3.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Flint, Michigan?
43.2% of households in Flint, Michigan own their home, lower than the Michigan average of 64.6%.
What is the vacancy rate in Flint, Michigan?
The housing vacancy rate in Flint, Michigan is 19.8%, higher than the Michigan average of 11.8%.
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