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Housing in Perrinton

A typical Perrinton home is worth about $288,000

Up 9.3% in a year, 8% above the Michigan typical home.

Typical home value
$288K
▲ 9.3% in a year · MI $266K
Zillow
Median sale price
$208K
March 2026 · Redfin
Homes sold
1
in March
2-bedroom rent
$1,150
a month, utilities in · HUD
Median tax bill
$1,336
MI $2,904

Only 1 sale in March 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.

What kind of housing town is Perrinton?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Price trend

Up 32.8% in five years

Faster than Michigan (24.1%).

PerrintonMichigan
$100K$150K$200K$250K$300K20182020202220242026
Show as a table
JanuaryPerrintonMichigan
2017$158,000$144,000
2018$169,000$155,000
2019$166,000$165,000
2020$177,000$175,000
2021$199,000$194,000
2022$231,000$217,000
2023$237,000$230,000
2024$242,000$241,000
2025$250,000$253,000
2026$284,000$262,000
August 2026$288,000$266,000
Then & now

A typical Perrinton home worth $153K in September 2016 is worth about $288K today.

+$135K
+9.3%
past year
+32.8%
past 5 years
+88.1%
since 2016

Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.

Affordability

A typical home costs 4.9 years of income

More than across Michigan (3.7 years). Try your own numbers below.

You could afford about
$218,000
Typical Perrinton home $288K

That’s $69K short of a typical Perrinton home.

The typical home, each month
$1,780
Loan $1,420Tax $270Insurance $80

A two-bedroom rents for about $1,150 a month here, $630 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Perrinton’s typical property tax (1.15% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,150

Renters already here pay a median of $1,023, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$810
1 bedroom$880
2 bedrooms$1,150
3 bedrooms$1,540
4 bedrooms$1,720
32%
of households rent · MI 27%
44
renter households
$1,023
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Lansing-East Lansing, MI MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

68% of Perrinton households own their home

Half of Perrinton’s homes were built before 1963.

Owners and renters
Own 68%Rent 32%

Michigan: 73% own.

1963
typical home built · MI 1972
$1,336
median property tax bill · MI $2,904
1.15%
of a home’s value, a year in tax · MI 1.25%

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Neighbors talk housing

What Perrinton buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Perrinton still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, March 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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