The median home in Redford, Michigan is valued at $166,124, up 2.0% year over year. Typical monthly rent is $1,534, producing a price-to-rent ratio of 9x — below the national average of 18x. Redford 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$166,124

+2.0%

Rent$1,534/mo

AFFORDABILITY

Enter your income for Redford.

Income (annual)

Down Payment

$33,225 on $166,124

Affordable — 19% of income

Under the 28% guideline.

PITI$1,187

P/I19%

Afford$245K

Room+$79K

P&I $840Tax $213Ins $133

Buying $347/mo cheaper ($1,534 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 Redford 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 →

REDFORD, MI