Median home value: $212K (+0.2% YoY). Rent: $1,618/mo. Price-to-rent: 10.9x. 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$211,546
+0.2%
Rent$1,618/mo
AFFORDABILITYBuying $199/mo cheaper ($1,618 rent)6.00% 30yr, 20% down, county tax + MI ins. 28% per HUD.
Enter your income for Madison Heights.
$42,309 on $211,546
Affordable — 22.7% of income
Under the 28% guideline.
PITI$1,419
P/I22.7%
Afford$261K
Room+$49K
P&I $1,015Tax $271Ins $133
Home Buying Kit For Dummies (2025)Financing, negotiation, closing