The median home in Farmington Hills, Michigan is valued at $374,201, up 2.5% year over year. Typical monthly rent is $1,381, producing a price-to-rent ratio of 22.6x — well above the national average of 18x. Farmington 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$374,201

+2.5%

Rent$1,381/mo

AFFORDABILITY

Enter your income for Farmington Hills.

Income (annual)

Down Payment

$74,840 on $374,201

Out of reach — 40.1% of income

Need $107,400/yr to afford.

PITI$2,506

P/I40.1%

Afford$261K

Gap-$113K

P&I $1,892Tax $480Ins $133

Renting $1,125/mo cheaper ($1,381 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 Farmington 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 →

FARMINGTON HILLS, MI