In Detroit, a typical home is worth $83,900 and typical rent is $1,074 a month. Compared with all of Wayne County, the typical home value is 53% lower, typical household income is 34% lower, and the share of households that own their home is 14 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $72,968 to $74,742.
Typical rent
$1,328a month
▲ 5.1% more than 12 months ago
Typical rent from Zillow, September 2021 to September 2026: from $1,051 to $1,328.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Detroit 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
According to Zillow, in the 12 months to September 2026 the typical home value in Detroit fell 5.9%; in Michigan, it rose 3.8%.
2
The typical home in Detroit is worth $83,900,53% less than in Wayne County as a whole ($178,500).
3
Nearby, in Highland Park, the typical rent is $688: 36% less than in Detroit ($1,074).
4
The typical household income in Detroit is $39,938,34% less than in Wayne County as a whole ($60,539).
5
50% of households in Detroit own their home, against 65% in Wayne County.
Sources: Zillow (September 2026 data); U.S. Census Bureau (Average 2020–2024). Zillow data
The homes here
Housing in Detroit
What homes there are in Detroit, 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
Detroit
Wayne County
Michigan
United States
Kind of home: Detroit and its comparisons
Measure
Detroit
Wayne County
Michigan
United States
Detached house
64%
70%
72%
61%
Attached house
7%
6%
5%
6%
Building of 2 to 4
9%
7%
5%
8%
Apartments (5 or more)
19%
16%
13%
19%
Mobile home
0%
2%
5%
6%
Boat, RV and other
Unreliable estimate
0%
0%
0%
In Detroit, 6 in 10 homes are single-family detached houses; in Wayne County, 7.
Year built
Before 19601960–19791980–19992000–20092010 or later
Detroit
Wayne County
Michigan
United States
Year built: Detroit and its comparisons
Measure
Detroit
Wayne County
Michigan
United States
Before 1960
78%
59%
36%
26%
1960–1979
13%
21%
26%
24%
1980–1999
5%
11%
22%
25%
2000–2009
3%
6%
10%
14%
2010 or later
2%
3%
6%
11%
Homes in Detroit are older: the typical year built is 1947; in Wayne County, 1956.
There are fewer big homes in Detroit than in Wayne County: 58% have 3 bedrooms or more, against 64%.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limit
Under $100K60%
$100K–$200K24%
$200K–$300K9%
$300K–$500K6%
$500K–$750K2%
FHA limit: $541,287
$750K–$1M1%
$1M or more0%
Value of owner-occupied homes: Detroit and its comparisons
Measure
Detroit
Under $100K
60%
$100K–$200K
24%
$200K–$300K
9%
$300K–$500K
6%
$500K–$750K
2%
$750K–$1M
1%
$1M or more
0%
About 98% of owner-occupied homes in Detroit are worth less than the FHA loan limit for Wayne County ($541,287).
Monthly rent with utilities
Under the limitOver the limit
Under $50011%
$500–$99932%
$1,000–$1,49940%
HUD fair market rent, 2 bedrooms: $1,459
$1,500–$1,99912%
$2,000–$2,4993%
$2,500–$2,9991%
$3,000 or more1%
Monthly rent with utilities: Detroit and its comparisons
Measure
Detroit
Under $500
11%
$500–$999
32%
$1,000–$1,499
40%
$1,500–$1,999
12%
$2,000–$2,499
3%
$2,500–$2,999
1%
$3,000 or more
1%
By rent, most homes in Detroit cost less than HUD's 2-bedroom fair market rent ($1,459): about 80%.
With a mortgage
$1,238 a month
Wayne County: $1,556 a month
Without a mortgage
$525 a month
Wayne County: $612 a month
Owners with a mortgage
34%
Wayne County: 52%
Owning costs less in Detroit: with a mortgage, the typical cost is $1,238 a month; in Wayne County, $1,556. Without one, $525.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Detroit+71%
Wayne County+58%
Michigan+50%
United States+53%
Typical rent
Detroit+30%
Wayne County+29%
Michigan+30%
United States+33%
Typical household income
Detroit+29%
Wayne County+28%
Michigan+28%
United States+29%
Change since 2015–2019: Detroit and its comparisons
Measure
Detroit
Wayne County
Michigan
United States
Typical home value
+71%
+58%
+50%
+53%
Typical rent
+30%
+29%
+30%
+33%
Typical household income
+29%
+28%
+28%
+29%
From 2015–2019 to 2020–2024, the typical home value in Detroit rose 71%; in Wayne County, it rose 58%.
Rents in Detroit rose at about the same pace as in Wayne County: 30% since 2015–2019, against 29%.
To compare: typical income in Detroit rose 29%; the home, +71%; the rent, +30%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Detroit and its comparisons
Measure
Detroit
Wayne County
Michigan
United States
Rental vacancy
3.9%
4.6%
5.1%
5.5%
Homeowner vacancy
3.1%
1.5%
0.8%
0.9%
More than one person per room
2.5%
2.2%
1.6%
3.4%
People per household
2.43
2.50
2.42
2.53
Drive alone
66%
72%
74%
69%
Carpool
11%
9%
8%
9%
Public transit
5%
2%
1%
3%
Walk or bike
3%
2%
2%
3%
Work from home
12%
14%
14%
15%
Other means
4%
2%
1%
2%
Typical commute
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
Open rentals in Detroit look like those in Wayne County: the rental vacancy rate is 3.9%.
More than one person per room: that is how 2.5% of households in Detroit live, near the figure in Wayne County (2.2%).
By size, households in Detroit look like those in Wayne County: 2.43 people on average.
More people ride a bus or train to work in Detroit than in Wayne County: 5% against 2%.
Do the math
What would you pay each month for a home in Detroit?
A typical home is within reach of the typical income
We start with a typical home in Detroit, worth $83,900, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 22% of the typical household income in Detroit, which is $39,938 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 Detroit. 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 $2,937 (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
$747
at 7.18% · 30 years
Loan amount
$82,380
Total interest
$118,525
Paid off in
November 2056
Includes $1,417 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $932 a month
Your payment · 22%
Tight
$932 to $1,198 a month
Hard
more than $1,198 a month
Compared with the typical household income in Detroit ($39,938 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$558
Property tax
$117
Home insurance
$35
FHA mortgage insurance (MIP)
$37
You need at least $2,937 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 $747; principal and interest $558.
The city and its county
Detroit and Wayne County
Detroit 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).
Detroit
Map of Wayne County, Michigan, with Detroit marked. Around it, the neighboring counties.
Detroit
Wayne County
Other cities with a page
Detroit's own numbers
Typical home value
$83,900
Typical monthly rent
$1,074
Typical yearly household income
$39,938
Households that own their home
50%
Effective property tax rate
1.67%
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 Detroit is worth $83,900: 53% below the county and 64% below Michigan. With the typical household income in Detroit ($39,938 a year), a typical home costs 2.1 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.
Detroit2.1 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
Detroit 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
Detroit$83,900
Wayne$178,500
Michigan$231,600
United States$332,700
Typical monthly rent
Detroit$1,074
Wayne$1,132
Michigan$1,129
United States$1,413
Typical yearly household income
Detroit$39,938
Wayne$60,539
Michigan$72,875
United States$80,734
See the full table
Detroit next to Wayne County and Michigan
Measure
Detroit
Wayne County
Michigan
U.S.
Typical home value
$83,900 ▼53% below the county
$178,500
$231,600
$332,700
Typical monthly rent
$1,074 ▼5% below the county
$1,132
$1,129
$1,413
Typical yearly household income
$39,938 ▼34% below the county
$60,539
$72,875
$80,734
Households that own their home
50% ▼14 points below the county
65%
73%
65%
Typical yearly property tax
$1,402 ▼52% below the county
$2,904
$2,904
$3,119
Effective property tax rate
1.67% ▲0.04 points above the county
1.63%
1.25%
0.94%
Renters with high rent for their income
61% ▲6 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 Detroit
For a typical $83,900 home in Detroit, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Detroit's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$747a month
Least cash to close
Down payment
$2,937
Cash to close
$5,454
Rate
7.18%
Mortgage insurance
FHA MIP · $37
Conventional, 5% down$732a month
Down payment
$4,195
Cash to close
$6,712
Rate
7.18%
Mortgage insurance
PMI · $40
Conventional, 20% down, no PMI$606a month
Down payment
$16,780
Cash to close
$19,297
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$684a month
Down payment
$12,585
Cash to close
$15,102
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Detroit
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$747
$2,937
$82,380
7.18%
FHA MIP · $37
$5,454
580
Conventional, 5% down
$732
$4,195
$79,705
7.18%
PMI · $40
$6,712
620*
Conventional, 20% down, no PMI
$606
$16,780
$67,120
7.18%
None
$19,297
620*
ITIN, 15% down (example)
$684
$12,585
$71,315
8.18%
None
$15,102
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 Detroit is $1,074 a month: 5% below the county. In Detroit, 61% 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 Detroit
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Detroit has 29 ZIP codes with their own.
For 2 bedrooms it runs from $1,070 in 48209 to $2,170 in 48226.
3 of the 29 are above the fair market rent for Wayne County ($1,459).
2-bedroom fair market rent in each of the 29 ZIP codes of Detroit, beside the one for Wayne County. For 2 bedrooms it runs from $1,070 in 48209 to $2,170 in 48226. 3 of the 29 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: $1,070 (48209)Highest: $2,170 (48226)
Fair market rent by ZIP code and size in Detroit, fiscal year 2027.
48201
$960
$1,070
$1,340
$1,630
$1,770
48202
$970
$1,080
$1,350
$1,640
$1,780
48203
$800
$890
$1,110
$1,350
$1,470
48204
$910
$1,020
$1,270
$1,550
$1,680
48205
$980
$1,090
$1,360
$1,660
$1,800
48206
$850
$940
$1,180
$1,440
$1,560
48207
$990
$1,100
$1,380
$1,680
$1,820
48208
$850
$940
$1,180
$1,440
$1,560
48209
$770
$860
$1,070
$1,300
$1,410
48210
$860
$960
$1,200
$1,460
$1,590
48211
$880
$980
$1,220
$1,490
$1,610
48212
$830
$920
$1,150
$1,400
$1,520
48213
$830
$930
$1,160
$1,410
$1,530
48214
$800
$900
$1,120
$1,360
$1,480
48215
$880
$980
$1,230
$1,500
$1,630
48216
$880
$980
$1,230
$1,500
$1,630
48217
$1,010
$1,130
$1,410
$1,720
$1,860
48219
$1,030
$1,140
$1,430
$1,740
$1,890
48221
$1,030
$1,140
$1,430
$1,740
$1,890
48223
$900
$1,010
$1,260
$1,530
$1,670
48224
$1,050
$1,170
$1,460
$1,780
$1,930
48226
$1,560
$1,740
$2,170
$2,640
$2,870
48227
$970
$1,080
$1,350
$1,640
$1,780
48228
$910
$1,020
$1,270
$1,550
$1,680
48233
$1,230
$1,380
$1,720
$2,090
$2,280
48234
$870
$970
$1,210
$1,470
$1,600
48235
$980
$1,100
$1,370
$1,670
$1,810
48238
$880
$980
$1,220
$1,490
$1,610
48243
$1,000
$1,110
$1,390
$1,690
$1,840
ZIP code2 bd3 bd
48201 $1,340$1,630
48202 $1,350$1,640
48203 $1,110$1,350
48204 $1,270$1,550
48205 $1,360$1,660
48206 $1,180$1,440
48207 $1,380$1,680
48208 $1,180$1,440
48209 $1,070$1,300
48210 $1,200$1,460
48211 $1,220$1,490
48212 $1,150$1,400
48213 $1,160$1,410
48214 $1,120$1,360
48215 $1,230$1,500
48216 $1,230$1,500
48217 $1,410$1,720
48219 $1,430$1,740
48221 $1,430$1,740
48223 $1,260$1,530
48224 $1,460$1,780
48226 $2,170$2,640
48227 $1,350$1,640
48228 $1,270$1,550
48233 $1,720$2,090
48234 $1,210$1,470
48235 $1,370$1,670
48238 $1,220$1,490
48243 $1,390$1,690
3 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Detroit when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
HUD lists 246 buildings with rents for lower incomes in Detroit. These are the largest.
River Towers7800 E Jefferson Ave, Detroit 48214472 homes, 469 low-income · 1 bd: 378 · 2 bd: 94 · In service since 2004 · For older adults(313) 824-2244
Sheridan Place I7501 E Jefferson Ave, Detroit 48214409 homes, 404 low-income · Run by Detroit Housing Commission · Average payment: $330 a month · Average wait: 8 months(313) 877-8000
Parkview Tower & Square1601 Robert Bradby Dr, Detroit 48207354 homes, 350 low-income · For older adults(313) 259-6862
Freedom Place1101 W Warren Ave, Detroit 48201352 homes, 350 low-income · 1 bd: 132 · 2 bd: 185 · 3 bd: 35 · In service since 2011 · For older adults, families(313) 832-3060
Lexington Village (DETROIT)1310 Pallister St, Detroit 48202351 homes, 350 low-income · 1 bd: 207 · 2 bd: 123 · 3 bd: 20 · In service since 2007 · For older adults, families(313) 872-1260
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 Detroit or Wayne County. The ones below are statewide in Michigan: they work in Detroit 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 Detroit 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 Detroit 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 Detroit?
The typical home value in Detroit is $83,900, 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 Detroit?
Typical rent in Detroit is $1,074 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 Detroit?
Detroit 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 Detroit?
The typical homeowner in Detroit pays $1,402 a year, according to the U.S. Census Bureau. That is 1.67% of the home’s value; in Wayne County, the rate is 1.63%.
Where can I find free help to buy or rent in Detroit?
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.
