19th most affordable of 199 in Metro Detroit
Cost of Living in Armada, MI
A typical home in Armada costs about $1,440 a month, 16.9% of the median household income of $102,083. That makes Armada the 4th most affordable of 27 places in Macomb County and 19th of 199 across Metro Detroit.
- Median rent a month
- $1,061
- Median home value
- $274,300
- Owner cost with a mortgage
- $1,819
- Of income on housing
- 16.9%
Armada against Macomb County and the metro
| Census median | Armada | Macomb County | Metro Detroit |
|---|---|---|---|
| Median rent (monthly) | $1,061 | $1,211 | $1,207 |
| Median home value | $274,300 | $243,900 | $249,700 |
| Owner cost with a mortgage (monthly) | $1,819 | $1,628 | $1,720 |
| Median household income (yearly) | $102,083 | $77,837 | $76,664 |
| Share of income on housing | 16.9% | 21.9% | 22.9% |
Ranked 4th most affordable of 27 in Macomb County. See all 27.
Cost of living near Armada
The towns around Armada, each with its own page.
- Armada Township Rent $1,053 · Home $331,100 14th most affordable in the metro
- Richmond Township Rent $0 · Home $378,800 42nd most affordable in the metro
- Ray Township Rent $1,259 · Home $377,700 5th most affordable in the metro
- Berlin Township Rent $784 · Home $313,100 21st most affordable in the metro
- Romeo Rent $981 · Home $266,200 113th most affordable in the metro
- Memphis Rent $820 · Home $213,300 173rd most affordable in the metro
- Richmond Rent $864 · Home $237,700 103rd most affordable in the metro
- Lenox Township Rent $1,360 · Home $212,900 174th most affordable in the metro
Living in Armada
- Homes for sale in Armada Listings and off-market deals
- Rentals in Armada Houses and apartments for rent
- Armada neighborhoods Every neighborhood on a map
- Armada crime rate From Armada's own police reports
- Cost of living in Macomb County Every town in the county, ranked
- Most affordable cities in Metro Detroit All six counties, ranked
- Armada city guide Pros, homes and city services
Armada cost of living questions
5 questions
Is Armada, MI expensive to live in?
A typical home in Armada takes 16.9% of the median household income, against 22.9% across Metro Detroit, which ranks it 19th most affordable of 199 places.
What is the average rent in Armada?
The median gross rent is $1,061 a month, rent plus the utilities the renter pays, 12% below the metro.
How much does a house cost in Armada?
Owners put the median home value at $274,300, 10% above the metro. With a mortgage, the median owner pays $1,819 a month for the mortgage, taxes, insurance and utilities.
What income do you need to live in Armada?
Spending no more than 30% of income on housing, the usual rule, a typical Armada home at $1,440 a month calls for about $58,000 a year. The median household here earns $102,083.
Where do these numbers come from?
The U.S. Census Bureau's American Community Survey 2020-2024 5-year estimates for Armada. They are medians, half above and half below, and today's listings and rents can differ.
Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates.