Median home value: $390K (+3.7% YoY). Rent: $1,452/mo. Price-to-rent: 22.4x. 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$390,405
+3.7%
Rent$1,452/mo
AFFORDABILITYRenting $1,055/mo cheaper ($1,452 rent)6.00% 30yr, 20% down, county tax + MI ins. 28% per HUD.
Enter your income for Shelby Township.
$78,081 on $390,405
Out of reach — 40.1% of income
Need $107,443/yr to afford.
PITI$2,507
P/I40.1%
Afford$273K
Gap-$118K
P&I $1,873Tax $501Ins $133
Home Buying Kit For Dummies (2025)Financing, negotiation, closing