The median home in Garden City, Michigan is valued at $193,603, up 2.0% year over year. Typical monthly rent is $1,533, producing a price-to-rent ratio of 10.5x — below the national average of 18x. Garden City is part of the Detroit-Warren-Dearborn, MI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$193,603

+2.0%

Rent$1,533/mo

Prices rising — worse for buyers.

Affordability

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Income (annual)

Down Payment

$38,721 on $193,603

Example: $75,000 household income. Change it above to see your own.

Affordable21.8% of income

Under the 28% guideline.

PITI$1,361

P/I21.8%

Afford$249K

Room+$55K

P&I $979Tax $248Ins $133

Buying $172/mo cheaper ($1,533 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 Garden City with other housing markets across Michigan.

Lake Angelus$1.66M Leland$1.1M 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.

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Garden City, MI