The median home in Fraser, Michigan is valued at $227,768, up 4.4% year over year. Typical monthly rent is $1,212, producing a price-to-rent ratio of 15.7x — near the national average of 18x. Fraser 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$227,768

+4.4%

Rent$1,212/mo

AFFORDABILITY

Enter your income for Fraser.

Income (annual)

Down Payment

$45,554 on $227,768

Affordable — 25.2% of income

Under the 28% guideline.

PITI$1,577

P/I25.2%

Afford$253K

Room+$25K

P&I $1,152Tax $292Ins $133

Renting $365/mo cheaper ($1,212 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 Fraser 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 →

FRASER, MI