Adrian, MI home prices
Typical home $242,906 · +5.6% in a year · income needed $72,200
The Adrian, MI metro area ranks 479 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +5.6% in a year and +25.5% over five years. With 20% down at 7.11%, the typical home costs about $1,685 a month including 1.27% property tax (Lenawee County rate).
Mortgage on the typical Adrian home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $48,581 | $194,325 | $1,307 | $0 | $378 | $1,685 | $72,200 |
| 10% down | $24,291 | $218,616 | $1,471 | $91 | $378 | $1,940 | $83,100 |
| 5% down | $12,145 | $230,761 | $1,552 | $96 | $378 | $2,026 | $86,800 |
| 3.5% down (FHA) | $8,502 | $238,507 | $1,604 | $107 | $378 | $2,090 | $89,600 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.27% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Adrian area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Lenawee County, MI | $242,871 | +5.6% | 1.27% |
What can you afford in Michigan on your salary? · Michigan home prices · Salaries in Michigan
Frequently asked questions
How much is a house in Adrian?
The typical home in the Adrian, MI metro area is worth $242,906 (Zillow, September 2026).
What salary do you need to buy a house in Adrian?
About $72,200 a year for the typical home with 20% down at 7.11%.