The median home in Livonia, Michigan is valued at $298,451, up 3.3% year over year. Typical monthly rent is $1,840, producing a price-to-rent ratio of 13.5x — below the national average of 18x. Livonia 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$298,451

+3.3%

Rent$1,840/mo

AFFORDABILITY

Enter your income for Livonia.

Income (annual)

Down Payment

$59,690 on $298,451

Stretch — 32.4% of income

Above 28% but manageable with cuts.

PITI$2,025

P/I32.4%

Afford$258K

Gap-$41K

P&I $1,509Tax $383Ins $133

Renting $185/mo cheaper ($1,840 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 Livonia 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 →

LIVONIA, MI