Median home value: $300K (+2.4% YoY). Rent: $2,131/mo. Price-to-rent: 11.7x. Part of Detroit-Warren-Dearborn, MI.

Limited Data

Basic Zillow data only. For stress scores, AI analysis, and trends, Detroit-Warren-Dearborn, MI metro page.

Home Value$300,227

+2.4%

Rent$2,131/mo

AFFORDABILITY

Enter your income for Berkley.

Income (annual)

Down Payment

$60,045 on $300,227

Stretch — 31.3% of income

Above 28% but manageable with cuts.

PITI$1,959

P/I31.3%

Afford$268K

Gap-$32K

P&I $1,440Tax $385Ins $133

Buying $172/mo cheaper ($2,131 rent)6.00% 30yr, 20% down, county tax + MI ins. 28% per HUD.

BERKLEY, MI