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Flat Rock, MI
Full City Profile · Michigan · Wayne County County
3.2
/5.0
B
Good
10,418
Population
1,586/sq mi density
$73,288
Median Income
$36,374 per capita
$201,400
Home Value
$250,521 Zillow
$1,006
Median Rent
24.9% income on rent
50°F
Avg Temperature
260 sunny days/yr
170
Violent Crime/100K
1,457 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$73,288 median income, 4.1% unemployment
A+
Affordability
5.0 / 5.0
$201,400 home value, $1,006/mo rent
F
Safety
1.0 / 5.0
170 violent crimes/100K
C+
Education
2.8 / 5.0
22.5% bachelor's degree or higher
Housing Overview
Median Home Value
$201,400
29% below
US avg: $281,900
Median Rent
$1,006/mo
13% below
US avg: $1,163/mo
Homeownership Rate
79.7%
22% above US avg (65.4%)
Total Housing Units
4,126
Median year built: 1978
Home Value by Source
Census Median
$201,400
Zillow (ZHVI)
$250,521
Median Sale Price
$286,000
Median List Price
$324,999
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
79.7%
Owner-Occupied
20.3%
Renter-Occupied
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:
$1,006/mo
Market Indicators (Redfin)
Median Days on Market
38 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
7
Price Drops
100.0%
of listings with price reduction
Price Per Sq Ft
$155
Active Inventory
4
homes for sale
Affordability & Housing Stock
Rent Burden
24.9%
of renters spending 30%+ of income on housing
20% below US avg (31.0%)
Median Year Built
1978
Average age of housing stock: 48 years
Homeownership Rate
79.7%
Complete Housing Data
Home Values
| Census Median Value | $201,400 |
| Zillow Home Value (ZHVI) | $250,521 |
| Median Sale Price | $286,000 |
| Median List Price | $324,999 |
| Price Per Sq Ft | $155 |
Rent
| Census Median Rent | $1,006 |
| 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 Market | 38 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 100.0% |
| Homes Sold | 7 |
| Active Inventory | 4 |
| Price Per Sq Ft | $155 |
Ownership & Stock
| Owner-Occupied | 79.7% |
| Renter-Occupied | 20.3% |
| Homeownership Rate | 79.7% |
| Total Housing Units | 4,126 |
| Median Year Built | 1978 |
| Rent Burden | 24.9% |