Median home value: $225K (+1.7% YoY). Rent: $1,410/mo. Price-to-rent: 13.3x. Part of Detroit-Warren-Dearborn, MI.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Detroit-Warren-Dearborn, MI metro page.
Home Value$225,250
+1.7%
Rent$1,410/mo
AFFORDABILITYRenting $93/mo cheaper ($1,410 rent)6.00% 30yr, 20% down, county tax + MI ins. 28% per HUD.
Enter your income for Oak Park.
$45,050 on $225,250
Affordable — 24% of income
Under the 28% guideline.
PITI$1,503
P/I24%
Afford$262K
Room+$37K
P&I $1,080Tax $289Ins $133
Home Buying Kit For Dummies (2025)Financing, negotiation, closing