Why Live in Downtown Ann Arbor
Downtown Ann Arbor is a vibrant neighborhood known for its college-town charm and bustling activity. The area is highly walkable, with close proximity to the University of Michigan and its hospital, making it convenient for residents to get around without a car. The neighborhood features a mix of historic buildings with wrought iron balconies and modern glass towers, primarily offering condo living with high demand and prices per square foot higher than elsewhere in Ann Arbor. The local schools, including Bach Elementary, Slauson Middle, and Pioneer High, are highly rated, providing excellent education options for families. There are numerous things to do, from dining at upscale restaurants like Spencer to enjoying nightlife at places like Necto. Popular spots include Blank Slate Creamery for homemade ice cream, HopCat for a wide beer selection, and Frita Batidos for Cuban cuisine. Cultural attractions such as the Michigan Theater and Literati Bookstore add to the neighborhood's appeal. Main Street transforms into a pedestrian-only mall in the summer, hosting events like the Ann Arbor Art Fair and A2SF, a summer festival of outdoor music and movies. The area also offers practical amenities, including a post office, public library, and YMCA, as well as local grocery options like the People's Food Co-op and the Ann Arbor Farmers Market. With a lower crime rate compared to the national average, Downtown Ann Arbor is a desirable place to live for people of all ages, from retirees to college students.
Frequently Asked Questions
Is Downtown Ann Arbor a good place to live?
Downtown Ann Arbor is a good place to live. Downtown Ann Arbor is considered very walkable and very bikeable with great transit options. Downtown Ann Arbor is a suburban neighborhood. Downtown Ann Arbor has 6 parks for recreational activities. It is very dense in population with 45.0 people per acre and a median age of 25. The average household income is $57,990 which is below the national average. College graduates make up 67.2% of residents. A majority of residents in Downtown Ann Arbor are renters, with 92.6% of residents renting and 7.4% of residents owning their home. A
local real estate agent serving Downtown Ann Arbor can help you decide if this neighborhood is the right one for you. Learn more on our
Downtown Ann Arbor neighborhood guide.
Is Downtown Ann Arbor, MI a safe neighborhood?
Downtown Ann Arbor, MI is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Downtown Ann Arbor?
The median home price in Downtown Ann Arbor is $188,999. If you put a 20% down payment of $37,800 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $980 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $42K a year to afford the median home price in Downtown Ann Arbor. The average household income in Downtown Ann Arbor is $58K.
What are the best public schools in Downtown Ann Arbor?
The best public schools that serve Downtown Ann Arbor are:
- Community High School has an A+ Niche grade, a student teacher ratio of 14:1 and an average review score of 4.4.
- Skyline High School has an A+ Niche grade, a student teacher ratio of 17:1 and an average review score of 3.8.
- Pioneer High School has an A+ Niche grade, a student teacher ratio of 16:1 and an average review score of 3.8.
What are the best private schools in Downtown Ann Arbor?
The best private schools that serve Downtown Ann Arbor are:
What are the most popular zip codes in Downtown Ann Arbor, Ann Arbor, MI?
What are the most popular neighborhoods near Downtown Ann Arbor, Ann Arbor, MI?
Home Trends in Downtown Ann Arbor, MI
On average, homes in Downtown Ann Arbor, Ann Arbor sell after 27 days on the market compared to the national average of 70 days. The median sale price for homes in Downtown Ann Arbor, Ann Arbor over the last 12 months is $470,000, up 47% from the median home sale price over the previous 12 months.
Median Sale Price
$470,000
Median Single Family Sale Price
$182,999
Median Townhouse Sale Price
$510,000
Average Price Per Sq Ft
$188
Number of Homes for Sale
1
Last 12 months Home Sales
22
Median List Price
$188,999
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
47%
