In Dearborn, a typical home is worth $218,800 and typical rent is $1,327 a month. Compared with all of Wayne County, the typical home value is 23% higher and typical rent is 17% higher.
Typical home value from Zillow, September 2021 to September 2026: from $186,307 to $247,561.
Typical rent
$1,861a month
▲ 3.2% more than 12 months ago
Typical rent from Zillow, September 2021 to September 2026: from $1,578 to $1,861.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Dearborn is in Wayne County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Wayne County. See the county
What this place has that others do not, from public data, most unusual first.
1
Nearby, in River Rouge, the typical home value is $65,100: 70% less than in Dearborn ($218,800).
2
Nearby, in River Rouge, the typical rent is $839: 37% less than in Dearborn ($1,327).
3
The typical home in Dearborn is worth $218,800,23% more than in Wayne County as a whole ($178,500).
4
The typical rent in Dearborn is $1,327 a month, 17% more than in Wayne County as a whole ($1,132).
5
Dearborn has the 15th largest share of rent-burdened renters of the 168 cities in Michigan with more than 5,000 people (64%).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Dearborn
What homes there are in Dearborn, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Dearborn
Wayne County
Michigan
United States
Kind of home: Dearborn and its comparisons
Measure
Dearborn
Wayne County
Michigan
United States
Detached house
74%
70%
72%
61%
Attached house
6%
6%
5%
6%
Building of 2 to 4
6%
7%
5%
8%
Apartments (5 or more)
14%
16%
13%
19%
Mobile home
1%
2%
5%
6%
Boat, RV and other
Unreliable estimate
0%
0%
0%
Detached houses, standing on their own, make up 74% of homes here, against 70% in Wayne County.
Year built
Before 19601960–19791980–19992000–20092010 or later
Dearborn
Wayne County
Michigan
United States
Year built: Dearborn and its comparisons
Measure
Dearborn
Wayne County
Michigan
United States
Before 1960
71%
59%
36%
26%
1960–1979
13%
21%
26%
24%
1980–1999
9%
11%
22%
25%
2000–2009
4%
6%
10%
14%
2010 or later
3%
3%
6%
11%
In Dearborn, half of the homes were built before 1952; in Wayne County, before 1956.
Much as in Wayne County, 67% of homes in Dearborn have 3 bedrooms or more.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limit
Under $100K5%
$100K–$200K36%
$200K–$300K34%
$300K–$500K17%
$500K–$750K5%
FHA limit: $541,287
$750K–$1M2%
$1M or more1%
Value of owner-occupied homes: Dearborn and its comparisons
Measure
Dearborn
Under $100K
5%
$100K–$200K
36%
$200K–$300K
34%
$300K–$500K
17%
$500K–$750K
5%
$750K–$1M
2%
$1M or more
1%
The FHA loan limit for Wayne County is $541,287, and about 94% of owner-occupied homes in Dearborn are worth less than that.
Monthly rent with utilities
Under the limitOver the limit
Under $5006%
$500–$99923%
$1,000–$1,49931%
HUD fair market rent, 2 bedrooms: $1,459
$1,500–$1,99924%
$2,000–$2,49910%
$2,500–$2,9993%
$3,000 or more3%
Monthly rent with utilities: Dearborn and its comparisons
Measure
Dearborn
Under $500
6%
$500–$999
23%
$1,000–$1,499
31%
$1,500–$1,999
24%
$2,000–$2,499
10%
$2,500–$2,999
3%
$3,000 or more
3%
About 58% of rented homes in Dearborn cost less than HUD's 2-bedroom fair market rent for Wayne County ($1,459); the rest cost more.
With a mortgage
$1,672 a month
Wayne County: $1,556 a month
Without a mortgage
$764 a month
Wayne County: $612 a month
Owners with a mortgage
50%
Wayne County: 52%
Owning costs more in Dearborn: with a mortgage, the typical cost is $1,672 a month; in Wayne County, $1,556. Without one, $764.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Dearborn+53%
Wayne County+58%
Michigan+50%
United States+53%
Typical rent
Dearborn+30%
Wayne County+29%
Michigan+30%
United States+33%
Typical household income
Dearborn+22%
Wayne County+28%
Michigan+28%
United States+29%
Change since 2015–2019: Dearborn and its comparisons
Measure
Dearborn
Wayne County
Michigan
United States
Typical home value
+53%
+58%
+50%
+53%
Typical rent
+30%
+29%
+30%
+33%
Typical household income
+22%
+28%
+28%
+29%
From 2015–2019 to 2020–2024, the typical home value in Dearborn rose 53%; in Wayne County, it rose 58%.
Rents in Dearborn rose at about the same pace as in Wayne County: 30% since 2015–2019, against 29%.
Here income did not keep up with housing: it rose 22%, while home values changed +53% and rent +30%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Dearborn and its comparisons
Measure
Dearborn
Wayne County
Michigan
United States
Rental vacancy
5.5%
4.6%
5.1%
5.5%
Homeowner vacancy
Unreliable estimate
1.5%
0.8%
0.9%
More than one person per room
5.7%
2.2%
1.6%
3.4%
People per household
2.92
2.50
2.42
2.53
Drive alone
75%
72%
74%
69%
Carpool
9%
9%
8%
9%
Public transit
Unreliable estimate
2%
1%
3%
Walk or bike
1%
2%
2%
3%
Work from home
13%
14%
14%
15%
Other means
1%
2%
1%
2%
Typical commute
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
In Dearborn, the rental vacancy rate is 5.5%, about the same as in Wayne County.
More households are short on space in Dearborn: 5.7% have more than one person per room; in Wayne County, 2.2%.
More people live in each home here: 2.92 on average, against 2.50 in Wayne County.
To get to work, 75% of workers in Dearborn drive alone; in Wayne County, 72%.
Do the math
What would you pay each month for a home in Dearborn?
A typical home costs more than the typical income allows
We start with a typical home in Dearborn, worth $218,800, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 36% of the typical household income in Dearborn, which is $65,324 a year. For that payment to be 28% of income, a household would need to earn about $84,181 a year.
The calculator's FHA and conventional loan limits are those of all of Wayne County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Dearborn. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $7,658 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$1,964
at 7.18% · 30 years
Loan amount
$214,837
Total interest
$309,100
Paid off in
November 2056
Includes $3,695 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,524 a month
Tight
$1,524 to $1,960 a month
Hard
more than $1,960 a month
Your payment · 36%
Compared with the typical household income in Dearborn ($65,324 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,455
Property tax
$321
Home insurance
$91
FHA mortgage insurance (MIP)
$97
You need at least $7,658 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $1,964; principal and interest $1,455.
The city and its county
Dearborn and Wayne County
Dearborn is in Wayne County, Michigan. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Dearborn
Map of Wayne County, Michigan, with Dearborn marked. Around it, the neighboring counties.
Dearborn
Wayne County
Other cities with a page
Dearborn's own numbers
Typical home value
$218,800
Typical monthly rent
$1,327
Typical yearly household income
$65,324
Households that own their home
68%
Effective property tax rate
1.76%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Wayne County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,459
Price change over 5 years (FHFA)
+49%
Homes in a high flood-risk zone
2%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Wayne County.
A typical home in Dearborn is worth $218,800: 23% above the county and 6% below Michigan. With the typical household income in Dearborn ($65,324 a year), a typical home costs 3.3 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Dearborn3.3 years
Wayne2.9 years
Michigan3.2 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Wayne County
According to FHFA’s house price index, home prices in Wayne County rose 97% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Wayne County.
Yearly change in FHFA’s price index in Wayne County, 2016 to 2025
2016: +5.9% +5.9% 2016
2017: +7.1% +7.1% 2017
2018: +6.8% +6.8% 2018
2019: +4.7% +4.7% 2019
2020: +3.7% +3.7% 2020
2021: +11.3% +11.3% 2021
2022: +12.0% +12.0% 2022
2023: +6.5% +6.5% 2023
2024: +7.0% +7.0% 2024
2025: +5.3% +5.3% 2025
Change in FHFA’s price index in Wayne County, Michigan and the United States
Period
County
Michigan
U.S.
Last year (2025)
+5.3%
+4.7%
+2.9%
5 years (2020–2025)
+49%
+52%
+47%
10 years (2015–2025)
+97%
+97%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Dearborn next to Wayne County, Michigan and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Dearborn$218,800
Wayne$178,500
Michigan$231,600
United States$332,700
Typical monthly rent
Dearborn$1,327
Wayne$1,132
Michigan$1,129
United States$1,413
Typical yearly household income
Dearborn$65,324
Wayne$60,539
Michigan$72,875
United States$80,734
See the full table
Dearborn next to Wayne County and Michigan
Measure
Dearborn
Wayne County
Michigan
U.S.
Typical home value
$218,800 ▲23% above the county
$178,500
$231,600
$332,700
Typical monthly rent
$1,327 ▲17% above the county
$1,132
$1,129
$1,413
Typical yearly household income
$65,324 ▲8% above the county
$60,539
$72,875
$80,734
Households that own their home
68% ▲4 points above the county
65%
73%
65%
Typical yearly property tax
$3,858 ▲33% above the county
$2,904
$2,904
$3,119
Effective property tax rate
1.76% ▲0.13 points above the county
1.63%
1.25%
0.94%
Renters with high rent for their income
64% ▲10 points above the county
54%
50%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Wayne County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Dearborn
For a typical $218,800 home in Dearborn, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Dearborn's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,964a month
Least cash to close
Down payment
$7,658
Cash to close
$14,222
Rate
7.18%
Mortgage insurance
FHA MIP · $97
Conventional, 5% down$1,924a month
Down payment
$10,940
Cash to close
$17,504
Rate
7.18%
Mortgage insurance
PMI · $104
Conventional, 20% down, no PMI$1,598a month
Down payment
$43,760
Cash to close
$50,324
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,800a month
Down payment
$32,820
Cash to close
$39,384
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Dearborn
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,964
$7,658
$214,837
7.18%
FHA MIP · $97
$14,222
580
Conventional, 5% down
$1,924
$10,940
$207,860
7.18%
PMI · $104
$17,504
620*
Conventional, 20% down, no PMI
$1,598
$43,760
$175,040
7.18%
None
$50,324
620*
ITIN, 15% down (example)
$1,800
$32,820
$185,980
8.18%
None
$39,384
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Dearborn is $1,327 a month: 17% above the county. In Dearborn, 64% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Wayne County, by unit size. To pay the 2-bedroom one ($1,459 a month) without spending more than 30% of your income, you would need to earn $28.06 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Wayne County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,047
$20.13
$41,880
1 bedroom
$1,167
$22.44
$46,680
2 bedrooms
$1,459
$28.06
$58,360
3 bedrooms
$1,777
$34.17
$71,080
4 bedrooms
$1,929
$37.10
$77,160
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Dearborn
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Dearborn has 4 ZIP codes with their own.
For 2 bedrooms it runs from $1,480 in 48126 to $2,050 in 48128.
4 of the 4 are above the fair market rent for Wayne County ($1,459).
2-bedroom fair market rent in each of the 4 ZIP codes of Dearborn, beside the one for Wayne County. For 2 bedrooms it runs from $1,480 in 48126 to $2,050 in 48128. 4 of the 4 are above the fair market rent for Wayne County ($1,459).
2-bedroom fair market rent in each ZIP code
Each line is one ZIP code: in color, those above the county's fair market rent; in gray, the rest.
County: $1,459
Lowest: $1,480 (48126)Highest: $2,050 (48128)
Fair market rent by ZIP code and size in Dearborn, fiscal year 2027.
HUD lists 9 buildings with rents for lower incomes in Dearborn. These are the largest.
ST Sarkis Tower19230 Ford Rd, Dearborn 48128151 low-income homes · For older adults(313) 336-7404
Village Park Apts2800 Liberty Ave, Dearborn 48120152 homes, 150 low-income · For families(313) 841-7250
Village Park Apts (DEARBORN)9917 Liberty Ct, Dearborn 48120152 homes, 150 low-income · 1 bd: 30 · 2 bd: 92 · 3 bd: 30 · In service since 2008 · For families
Sisson Manor1515 Mason St, Dearborn 48124135 low-income homes · Run by Dearborn Housing Commission · Average payment: $335 a month · Average wait: 36 months(313) 943-2221
Kennedy Plaza5111 Bingham St, Dearborn 48126119 low-income homes · Run by Dearborn Housing Commission · Average payment: $311 a month · Average wait: 7 months(313) 943-2221
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There are 18 HUD-approved agencies with an office in Wayne County; 4 say they serve in Spanish.
No down payment, repair or rent-help program on our list is for Dearborn or Wayne County. The ones below are statewide in Michigan: they work in Dearborn the same as in the rest of the state.
Michigan state agency loan of up to $10,000, with no interest and no monthly payments, for the down payment, closing costs and prepaid expenses; it goes with MSHDA's MI Home Loan mortgage and is repaid in certain cases, such as when you pay off the first mortgage, sell or refinance the home, or no longer live in it.Offered by Michigan State Housing Development Authority (MSHDA).
Michigan state authority certificate that lets you take 20% of the interest you pay each year on your mortgage off your federal taxes, for the life of the loan; you apply with an approved lender before you buy.Offered by Michigan State Housing Development Authority (MSHDA).
No legal help resource on our list is for Dearborn or Wayne County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Dearborn and all of Wayne County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Dearborn?
The typical home value in Dearborn is $218,800, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Wayne County it is $178,500.
How much does it cost to rent in Dearborn?
Typical rent in Dearborn is $1,327 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Wayne County is $1,459.
What is the FHA loan limit in Dearborn?
Dearborn uses the FHA limit for all of Wayne County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Dearborn?
The typical homeowner in Dearborn pays $3,858 a year, according to the U.S. Census Bureau. That is 1.76% of the home’s value; in Wayne County, the rate is 1.63%.
Where can I find free help to buy or rent in Dearborn?
There are 18 HUD-approved counseling agencies with an office in Wayne County. 4 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.
