City · 14,963 residents · Oakland County, Michigan
Hazel Park, Michigan
In Hazel Park, a typical home is worth $158,600 and typical rent is $1,314 a month. Compared with all of Oakland County, the typical home value is 54% lower, typical household income is 31% lower, and the share of households that own their home is 7 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $140,191 to $154,189.
Typical rent
$1,521a month
▲ 2.9% more than 12 months ago
Typical rent from Zillow, September 2021 to September 2026: from $1,174 to $1,521.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Hazel Park is in Oakland 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 Oakland County. See the county
What this place has that others do not, from public data, most unusual first.
1
Nearby, in Highland Park, the typical home value is $79,200: 50% less than in Hazel Park ($158,600).
2
The typical home in Hazel Park is worth $158,600,54% less than in Oakland County as a whole ($343,600).
3
Nearby, in Highland Park, the typical rent is $688: 48% less than in Hazel Park ($1,314).
4
According to Zillow, in the 12 months to September 2026 the typical home value in Hazel Park fell 3.4%; in Michigan, it rose 3.8%.
5
The typical household income in Hazel Park is $67,073,31% less than in Oakland County as a whole ($97,760).
6
66% of households in Hazel Park own their home, against 73% in Oakland County.
Sources: U.S. Census Bureau (Average 2020–2024); Zillow (September 2026 data). Zillow data
The homes here
Housing in Hazel Park
What homes there are in Hazel Park, 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
Hazel Park
Oakland County
Michigan
United States
Kind of home: Hazel Park and its comparisons
Measure
Hazel Park
Oakland County
Michigan
United States
Detached house
88%
68%
72%
61%
Attached house
Unreliable estimate
7%
5%
6%
Building of 2 to 4
Unreliable estimate
5%
5%
8%
Apartments (5 or more)
Unreliable estimate
19%
13%
19%
Mobile home
Unreliable estimate
3%
5%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
In Hazel Park, 9 in 10 homes are single-family detached houses; in Oakland County, 7.
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Hazel Park
Oakland County
Michigan
United States
Year built: Hazel Park and its comparisons
Measure
Hazel Park
Oakland County
Michigan
United States
Before 1960
65%
28%
36%
26%
1960–1979
22%
30%
26%
24%
1980–1999
6%
26%
22%
25%
2000–2009
5%
9%
10%
14%
2010 or later
Unreliable estimate
7%
6%
11%
The typical home in Hazel Park was built in 1955, 20 years before the typical one in Oakland County.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limitCould be either sideUnreliable estimate
Under $100K16%
$100K–$200K61%
$200K–$300K15%
$300K–$500K8%
$500K–$750KUnreliable
FHA limit: $541,287
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Hazel Park and its comparisons
Measure
Hazel Park
Under $100K
16%
$100K–$200K
61%
$200K–$300K
15%
$300K–$500K
8%
$500K–$750K
Unreliable
$750K–$1M
Unreliable
$1M or more
Unreliable estimate
At least 100% of owner-occupied homes in Hazel Park are worth less than $500,000, below the FHA loan limit for Oakland County ($541,287).
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,49955%
$1,500–$1,99919%
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Hazel Park and its comparisons
Measure
Hazel Park
Under $500
Unreliable estimate
$500–$999
Unreliable estimate
$1,000–$1,499
55%
$1,500–$1,999
19%
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable
With a mortgage
$1,213 a month
Oakland County: $1,998 a month
Without a mortgage
$540 a month
Oakland County: $778 a month
Owners with a mortgage
57%
Oakland County: 65%
In Hazel Park, 57% of owners have a mortgage, and their typical cost is $1,213 a month, against $1,998 in Oakland County. Without one it drops to $540.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Hazel Park+116%
Oakland County+42%
Michigan+50%
United States+53%
Typical rent
Hazel Park+34%
Oakland County+27%
Michigan+30%
United States+33%
Typical household income
Hazel Park+72%
Oakland County+23%
Michigan+28%
United States+29%
Change since 2015–2019: Hazel Park and its comparisons
Measure
Hazel Park
Oakland County
Michigan
United States
Typical home value
+116%
+42%
+50%
+53%
Typical rent
+34%
+27%
+30%
+33%
Typical household income
+72%
+23%
+28%
+29%
Since 2015–2019, homes in Hazel Park gained value faster than in Oakland County: 116% against 42%.
The typical rent in Hazel Park rose 34% over the same time; in Oakland County, it rose 27%.
The typical household income in Hazel Park rose 72% over that time; home values changed +116% and rent +34%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Hazel Park and its comparisons
Measure
Hazel Park
Oakland County
Michigan
United States
Rental vacancy
Unreliable estimate
7.4%
5.1%
5.5%
Homeowner vacancy
Unreliable estimate
0.4%
0.8%
0.9%
More than one person per room
Unreliable estimate
1.2%
1.6%
3.4%
People per household
2.20
2.39
2.42
2.53
Drive alone
76%
71%
74%
69%
Carpool
5%
6%
8%
9%
Public transit
Unreliable estimate
0%
1%
3%
Walk or bike
Unreliable estimate
1%
2%
3%
Work from home
15%
20%
14%
15%
Other means
Unreliable estimate
1%
1%
2%
Typical commute
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
Households in Hazel Park are smaller: 2.20 people on average; in Oakland County, 2.39.
The car rules in Hazel Park: 76% of workers drive to work alone, and the typical trip takes 20 to 29 minutes.
Do the math
What would you pay each month for a home in Hazel Park?
A typical home is within reach of the typical income
We start with a typical home in Hazel Park, worth $158,600, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 25% of the typical household income in Hazel Park, which is $67,073 a year.
The calculator's FHA and conventional loan limits are those of all of Oakland 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 Hazel Park. 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 $5,551 (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
$1,397
at 7.18% · 30 years
Loan amount
$155,727
Total interest
$224,055
Paid off in
November 2056
Includes $2,678 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,565 a month
Your payment · 25%
Tight
$1,565 to $2,012 a month
Hard
more than $2,012 a month
Compared with the typical household income in Hazel Park ($67,073 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,055
Property tax
$206
Home insurance
$66
FHA mortgage insurance (MIP)
$70
You need at least $5,551 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 $1,397; principal and interest $1,055.
The city and its county
Hazel Park and Oakland County
Hazel Park is in Oakland 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).
Hazel Park
Map of Oakland County, Michigan, with Hazel Park marked. Around it, the neighboring counties.
Hazel Park
Oakland County
Other cities with a page
Hazel Park's own numbers
Typical home value
$158,600
Typical monthly rent
$1,314
Typical yearly household income
$67,073
Households that own their home
66%
Effective property tax rate
1.56%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Oakland 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)
+45%
Homes in a high flood-risk zone
0.4%
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 Oakland County.
A typical home in Hazel Park is worth $158,600: 54% below the county and 32% below Michigan. With the typical household income in Hazel Park ($67,073 a year), a typical home costs 2.4 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.
Hazel Park2.4 years
Oakland3.5 years
Michigan3.2 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Oakland County
According to FHFA’s house price index, home prices in Oakland County rose 85% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Oakland County.
Yearly change in FHFA’s price index in Oakland County, 2016 to 2025
2016: +5.4% +5.4% 2016
2017: +7.1% +7.1% 2017
2018: +5.7% +5.7% 2018
2019: +4.4% +4.4% 2019
2020: +2.7% +2.7% 2020
2021: +10.0% +10.0% 2021
2022: +11.7% +11.7% 2022
2023: +6.3% +6.3% 2023
2024: +6.5% +6.5% 2024
2025: +4.2% +4.2% 2025
Change in FHFA’s price index in Oakland County, Michigan and the United States
Period
County
Michigan
U.S.
Last year (2025)
+4.2%
+4.7%
+2.9%
5 years (2020–2025)
+45%
+52%
+47%
10 years (2015–2025)
+85%
+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
Hazel Park next to Oakland 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
Hazel Park$158,600
Oakland$343,600
Michigan$231,600
United States$332,700
Typical monthly rent
Hazel Park$1,314
Oakland$1,376
Michigan$1,129
United States$1,413
Typical yearly household income
Hazel Park$67,073
Oakland$97,760
Michigan$72,875
United States$80,734
See the full table
Hazel Park next to Oakland County and Michigan
Measure
Hazel Park
Oakland County
Michigan
U.S.
Typical home value
$158,600 ▼54% below the county
$343,600
$231,600
$332,700
Typical monthly rent
$1,314 ▼5% below the county
$1,376
$1,129
$1,413
Typical yearly household income
$67,073 ▼31% below the county
$97,760
$72,875
$80,734
Households that own their home
66% ▼7 points below the county
73%
73%
65%
Typical yearly property tax
$2,468 ▼44% below the county
$4,371
$2,904
$3,119
Effective property tax rate
1.56% ▲0.29 points above the county
1.27%
1.25%
0.94%
Renters with high rent for their income
40% ▼5 points below the county
45%
50%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Oakland 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 Hazel Park
For a typical $158,600 home in Hazel Park, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Hazel Park's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,397a month
Least cash to close
Down payment
$5,551
Cash to close
$10,309
Rate
7.18%
Mortgage insurance
FHA MIP · $70
Conventional, 5% down$1,368a month
Down payment
$7,930
Cash to close
$12,688
Rate
7.18%
Mortgage insurance
PMI · $75
Conventional, 20% down, no PMI$1,132a month
Down payment
$31,720
Cash to close
$36,478
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,278a month
Down payment
$23,790
Cash to close
$28,548
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Hazel Park
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,397
$5,551
$155,727
7.18%
FHA MIP · $70
$10,309
580
Conventional, 5% down
$1,368
$7,930
$150,670
7.18%
PMI · $75
$12,688
620*
Conventional, 20% down, no PMI
$1,132
$31,720
$126,880
7.18%
None
$36,478
620*
ITIN, 15% down (example)
$1,278
$23,790
$134,810
8.18%
None
$28,548
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 Hazel Park is $1,314 a month: 5% below the county. In Hazel Park, 40% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Oakland 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.
HUD lists 4 buildings with rents for lower incomes in Hazel Park. These are the largest.
Hazelcrest Place Apartments100 Hazelcrest Pl, Hazel Park 48030241 homes, 240 low-income · For older adults(248) 542-5386
Hazel Park Manor701 E Woodward Heights Blvd, Hazel Park 4803071 homes, 70 low-income · For older adults(248) 548-1364
American House Hazel Park777 E Woodward Heights Blvd, Hazel Park 48030125 homes, 25 low-income · 1 bd: 87 · 2 bd: 38 · In service since 2011 · For older adults
Independent Supportive Housing Oakland-II423 E Maxlow Ave, Hazel Park 4803012 low-income homes · For people with disabilities(248) 928-0111
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 7 HUD-approved agencies with an office in Oakland County; 5 say they serve in Spanish.
No down payment, repair or rent-help program on our list is for Hazel Park or Oakland County. The ones below are statewide in Michigan: they work in Hazel Park 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 Hazel Park or Oakland 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 Hazel Park and all of Oakland 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 Hazel Park?
The typical home value in Hazel Park is $158,600, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Oakland County it is $343,600.
How much does it cost to rent in Hazel Park?
Typical rent in Hazel Park is $1,314 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Oakland County is $1,459.
What is the FHA loan limit in Hazel Park?
Hazel Park uses the FHA limit for all of Oakland 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 Hazel Park?
The typical homeowner in Hazel Park pays $2,468 a year, according to the U.S. Census Bureau. That is 1.56% of the home’s value; in Oakland County, the rate is 1.27%.
Where can I find free help to buy or rent in Hazel Park?
There are 7 HUD-approved counseling agencies with an office in Oakland County. 5 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.