Median home value: $167K (+1.3% YoY). Rent: $1,210/mo. Price-to-rent: 11.5x. 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$167,137
+1.3%
Rent$1,210/mo
AFFORDABILITYBuying $61/mo cheaper ($1,210 rent)6.00% 30yr, 20% down, county tax + MI ins. 28% per HUD.
Enter your income for Wayne.
$33,427 on $167,137
Affordable — 18.4% of income
Under the 28% guideline.
PITI$1,149
P/I18.4%
Afford$255K
Room+$87K
P&I $802Tax $214Ins $133
Home Buying Kit For Dummies (2025)Financing, negotiation, closing