Browse ZIP Codes by State

All states and cities →
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • District of Columbia
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Puerto Rico
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming
View in Interactive Map
  1. Home
  2. /Browse ZIP Codes
  3. /Michigan
  4. /Benton Harbor, MI - 49022

Benton Harbor, MI—49022

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$162,000
6.3% YoY Growth
Household Income
$39,900
25.0% YoY Growth
Days on Market
32
12.0% Shorter YoY
Home Price Forecast
1.7%
Median Rent
$1,050
12.3% YoY Growth
1-Bed Rent
$809
12.5% YoY Growth
2-Bed Rent
$1,000
13.0% YoY Growth
3-Bed Rent
$981
13.8% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Benton Harbor, MI

As of May '26, the median home price in Benton Harbor, MI is $162,000, with a year-over-year change of 6.3%. This indicates that home prices in Benton Harbor, MI are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$162,0006.3%
Single Family $164,0007.2%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$149,0008.0%
    3 Bed
    		$219,0006.8%
    4 Bed
    		$282,0006.4%
    5 Bed $361,6847.6%
    Loading chart...

    % of Housing Stock

    Studio
    1.2%
    1 Bedroom
    10.8%
    2 Bedrooms
    31.1%
    3 Bedrooms
    41.0%
    4 Bedrooms
    11.8%
    5+ Bedrooms
    4.0%

    Rental Trends — Benton Harbor, MI

    As of July '25, Rentcast reports the average rent in Benton Harbor, MI is $1,460, with a year-over-year rent change of 12.3%. Per bedroom, the median rent as of July '25 in Benton Harbor, MI is 1-bedrooms: $809, 2-bedrooms: $1,000, 3-bedrooms: $1,400, 4-bedrooms: $2,140. The most common rental property sizes in Benton Harbor, MI are 2-bedroom and 3-bedroom, accounting for 35.8% and 28.3% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,050$1,460
    Studio Rent N/AN/A
    1 Bed Rent $809$809
    2 Bed Rent $1,000$1,000
    3 Bed Rent $981$1,400
    4 Bed Rent $1,880$2,140
    Loading chart...

    % of Rental Stock

    Studio
    2.7%
    1 Bedroom
    22.6%
    2 Bedrooms
    35.8%
    3 Bedrooms
    28.3%
    4 Bedrooms
    9.9%
    5+ Bedrooms
    0.7%

    Property Listings — Benton Harbor, MI

    As of May '26, Realtor.com reports that the median days on market for a home in Benton Harbor, MI is 32. This is a decrease of -12.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 28.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$200,000-8.0%
    Listing Count
    		851.0%
    Listings as % of Homes0.5%1.0%
    Days on Market
    		32-12.0%
    Loading chart...

    Demographics — Benton Harbor, MI

    As of the latest ACS Survey released in 2023, Benton Harbor, MI has a population of 29,800, which has decreased by -4.4% over the past 5 years. Benton Harbor, MI is a popular place for families, as children make up 26.4% of the population. The area has a poorly educated workforce, with 18.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.9% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		29,800-4.4%
    % Under 18
    		26.4%1.9%
    % Seniors
    		15.3%-1.3%
    % WFH
    		7.9%243.5%
    % w/ College Degree
    		18.0%38.5%
    Loading chart...

    As of the latest ACS Survey released in 2023, Benton Harbor, MI is a predominantly black area, with 50.5% of the population identifying as black. The black population has shrunk by 2.9% in the last 5 years. The second most common race or ethnicity in Benton Harbor, MI is white, making up 36.6% of the population. Foreign-born residents account for 2.8% of the population in Benton Harbor, MI, and this percentage has decreased by 12.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		36.6%-2.4%
    % Black
    		50.5%-2.9%
    % Hispanic
    		6.8%-9.3%
    % Asian
    		0.5%25.0%
    % Foreign Born
    		2.8%-12.5%
    Loading chart...

    Mortgage and Risk — Benton Harbor, MI

    According to HUD data as of 2023, there were 416 mortgage originations in Benton Harbor, MI, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Benton Harbor, MI. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		416
    % Conventional Loans
    		83.0%
    % Government Loans
    		17.0%
    % Investor Loans
    		2.0%
    % Second Loans
    		3.0%
    % Cash Out Refinance
    		14.0%
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Benton Harbor, MI

    As of 2024, the percent of homes in Benton Harbor, MI under the Section 8 program is 24.6%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Benton Harbor, MI, because HUD payments exceed market rent, while 1-bedroom and 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		2,049
    Total Units Section 8
    		1,289
    % Rentals under Section 8
    		24.6%
    % Occupied Section 8
    		87.1%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$39$809$770
    2 Bedroom$10$1,000$1,010
    3 Bedroom$319$981$1,300
    4 Bedroom-$540$1,880$1,340

    Affordability — Benton Harbor, MI

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.8
    Median Home Price$162,000
    Median Household Income$39,900

    Benton Harbor, MI — ZIP Code Boundary Map

    Loading map...

    Nearby ZIP Codes

    Sodus, MI

    49126

    Coloma, MI

    49038

    Saint Joseph, MI

    49085

    Eau Claire, MI

    49111

    Watervliet, MI

    49098

    Frequently Asked Questions