Spring Arbor, MI Real Estate

According to census data in the year 2000 there were 713 housing units in Spring Arbor. This represents a 7.9% growth from 661 in 1990.

Of those housing units, 664 were located in either urbanized areas or urban clusters, and 49 were located in what is classified as a rural area.

Homeownership rate in Spring Arbor is about 58.8%. Spring Arbor's vacancy rate, including seasonal lodging, is about 5.5%. Average household size is 2.26 people.

The majority of houses, apartments or condos in Spring Arbor were built after 1971.


Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom15.70%
Two Bedrooms35.20%
Three Bedrooms24.40%
Four Bedrooms19.50%
Five Bedrooms or more3.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.74
Median year structure was built1966
Median Value of occupied units$131,100
Median Price asked for vacant units$55,000

Rented Homes, Apartments and Condos

Average Household Size1.58
Median year structure was built1976
Median Monthly Rent asked for vacant units$325

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.40%
Home Equity Loan12.20%
Simple Mortgage58%
Debt Free26.40%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15.5%