The median home in Romulus, Michigan is valued at $195,679, up 2.8% year over year. Typical monthly rent is $1,138, producing a price-to-rent ratio of 14.3x — below the national average of 18x. Romulus 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$195,679

+2.8%

Rent$1,138/mo

AFFORDABILITY

Enter your income for Romulus.

Income (annual)

Down Payment

$39,136 on $195,679

Affordable — 22% of income

Under the 28% guideline.

PITI$1,374

P/I22%

Afford$249K

Room+$54K

P&I $989Tax $251Ins $133

Renting $236/mo cheaper ($1,138 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 Romulus 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 →

ROMULUS, MI