City

DETROIT, MI

Detroit-Warren-Dearborn, MI

Median home value: $75K (-1.8% YoY). Rent: $1,301/mo. Price-to-rent: 4.8x. 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$74,571
-1.8%
Rent$1,301/mo
AFFORDABILITY

Enter your income for Detroit.

$14,914 on $74,571
Affordable — 9.4% of income

Under the 28% guideline.

PITI$587
P/I9.4%
Afford$222K
Room+$148K
P&I $358Tax $96Ins $133
Buying $714/mo cheaper ($1,301 rent)6.00% 30yr, 20% down, county tax + MI ins. 28% per HUD.
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Detroit Housing Market | CrashWatch