The median home in Bloomfield Hills, Michigan is valued at $640,065, up 4.8% year over year. Typical monthly rent is $2,699, producing a price-to-rent ratio of 19.8x — near the national average of 18x. Bloomfield Hills is part of the Detroit-Warren-Dearborn, MI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Detroit-Warren-Dearborn, MI stress score, crash risk, and 12-month forecast →

Home Value$640,065

+4.8%

Rent$2,699/mo

AFFORDABILITY

Enter your income for Bloomfield Hills.

Income (annual)

Down Payment

$128,013 on $640,065

Out of reach — 67.1% of income

Need $179,614/yr to afford.

PITI$4,191

P/I67.1%

Afford$267K

Gap-$373K

P&I $3,237Tax $821Ins $133

Renting $1,492/mo cheaper ($2,699 rent)6.50% 30yr, 20% down, county tax + MI ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Michigan

Compare Bloomfield Hills with other housing markets across Michigan.

Lake Angelus$1659K Leland$1097K Orchard Lake$914K Franklin$845K Lake Leelanau$832K Kewadin$811K Lakeside$800K Northport$758K

Full Detroit-Warren-Dearborn, MI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Detroit-Warren-Dearborn, MI metro.

View Detroit-Warren-Dearborn, MI metro →

BLOOMFIELD HILLS, MI