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Detroit, MI

Full City Profile · Michigan · Wayne County County

2.6 /5.0
C+ Fair
636,644 Population 4,589/sq mi density
$39,575 Median Income $24,029 per capita
$76,800 Home Value $74,828 Zillow
$1,034 Median Rent 34.7% income on rent
52°F Avg Temperature 253 sunny days/yr
1,965 Violent Crime/100K 4,303 property/100K
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
D
Economy
1.9 / 5.0
$39,575 median income, 7.7% unemployment
A+
Affordability
5.0 / 5.0
$76,800 home value, $1,034/mo rent
F
Safety
1.0 / 5.0
1,965 violent crimes/100K (417% above avg)
C
Education
2.4 / 5.0
17.6% bachelor's degree or higher

Housing Overview

Median Home Value
$76,800
73% below
US avg: $281,900
Median Rent
$1,034/mo
11% below
US avg: $1,163/mo
Homeownership Rate
49.7%
24% below US avg (65.4%)
Total Housing Units
323,368
Median year built: 1947

Home Value by Source

Census Median
$76,800
Zillow (ZHVI)
$74,828
Median Sale Price
$78,000
Median List Price
$109,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

49.7%
Owner-Occupied
50.3%
Renter-Occupied
50%
50%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent: $1,034/mo · Zillow rent: $1,318/mo

Market Indicators (Redfin)

Median Days on Market
68 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
418
Price Drops
21.1%
of listings with price reduction
Price Per Sq Ft
$67
Active Inventory
2,657
homes for sale

Affordability & Housing Stock

Rent Burden
34.7%
of renters spending 30%+ of income on housing
12% above US avg (31.0%)
Median Year Built
1947
Average age of housing stock: 79 years
Homeownership Rate
49.7%

Complete Housing Data

Home Values

Census Median Value$76,800
Zillow Home Value (ZHVI)$74,828
Median Sale Price$78,000
Median List Price$109,900
Price Per Sq Ft$67

Rent

Census Median Rent$1,034
Zillow Rent (ZORI)$1,318
FMR Studio$807
FMR 1-Bedroom$891
FMR 2-Bedroom$1,113
FMR 3-Bedroom$1,419
FMR 4-Bedroom$1,588

Market

Days on Market68
Sale-to-List Ratio1.0%
Price Drops21.1%
Homes Sold418
Active Inventory2,657
Price Per Sq Ft$67

Ownership & Stock

Owner-Occupied49.7%
Renter-Occupied50.3%
Homeownership Rate49.7%
Total Housing Units323,368
Median Year Built1947
Rent Burden34.7%