Median home value: $75K (-1.8% YoY). Rent: $1,301/mo. Price-to-rent: 4.8x. Part of Detroit-Warren-Dearborn, MI.
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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
AFFORDABILITYBuying $714/mo cheaper ($1,301 rent)6.00% 30yr, 20% down, county tax + MI ins. 28% per HUD.
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
Home Buying Kit For Dummies (2025)Financing, negotiation, closing