129th most affordable of 199 in Metro Detroit
Cost of Living in Madison Heights, MI
A typical home in Madison Heights costs about $1,276 a month, 22.0% of the median household income of $69,503. That makes Madison Heights the 44th most affordable of 56 places in Oakland County and 129th of 199 across Metro Detroit.
- Median rent a month
- $1,176
- Median home value
- $199,100
- Owner cost with a mortgage
- $1,375
- Of income on housing
- 22.0%
Madison Heights against Oakland County and the metro
| Census median | Madison Heights | Oakland County | Metro Detroit |
|---|---|---|---|
| Median rent (monthly) | $1,176 | $1,376 | $1,207 |
| Median home value | $199,100 | $343,600 | $249,700 |
| Owner cost with a mortgage (monthly) | $1,375 | $1,998 | $1,720 |
| Median household income (yearly) | $69,503 | $97,760 | $76,664 |
| Share of income on housing | 22.0% | 20.7% | 22.9% |
Ranked 44th most affordable of 56 in Oakland County. See all 56.
Cost of living near Madison Heights
The towns around Madison Heights, each with its own page.
- Sterling Heights Rent $1,292 · Home $274,300 139th most affordable in the metro
- Troy Rent $1,602 · Home $420,300 70th most affordable in the metro
- Royal Oak Rent $1,381 · Home $328,700 80th most affordable in the metro
- Hazel Park Rent $1,314 · Home $158,600 144th most affordable in the metro
- Warren Rent $1,225 · Home $193,400 167th most affordable in the metro
- Clawson Rent $1,253 · Home $267,100 88th most affordable in the metro
- Pleasant Ridge Rent $1,720 · Home $448,700 2nd most affordable in the metro
- Ferndale Rent $1,311 · Home $247,700 67th most affordable in the metro
Living in Madison Heights
- Homes for sale in Madison Heights Listings and off-market deals
- Rentals in Madison Heights Houses and apartments for rent
- Madison Heights neighborhoods Every neighborhood on a map
- Madison Heights crime rate From Madison Heights's own police reports
- Cost of living in Oakland County Every town in the county, ranked
- Most affordable cities in Metro Detroit All six counties, ranked
- Madison Heights city guide Pros, homes and city services
Madison Heights cost of living questions
5 questions
Is Madison Heights, MI expensive to live in?
A typical home in Madison Heights takes 22.0% of the median household income, against 22.9% across Metro Detroit, which ranks it 129th most affordable of 199 places.
What is the average rent in Madison Heights?
The median gross rent is $1,176 a month, rent plus the utilities the renter pays, 3% below the metro.
How much does a house cost in Madison Heights?
Owners put the median home value at $199,100, 20% below the metro. With a mortgage, the median owner pays $1,375 a month for the mortgage, taxes, insurance and utilities.
What income do you need to live in Madison Heights?
Spending no more than 30% of income on housing, the usual rule, a typical Madison Heights home at $1,276 a month calls for about $51,000 a year. The median household here earns $69,503.
Where do these numbers come from?
The U.S. Census Bureau's American Community Survey 2020-2024 5-year estimates for Madison Heights. 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.