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147th most affordable of 199 in Metro Detroit

Cost of Living in Redford, MI

A typical home in Redford costs about $1,327 a month, 22.9% of the median household income of $69,414. That makes Redford the 25th most affordable of 42 places in Wayne County and 147th of 199 across Metro Detroit.

Median rent a month
$1,365
Median home value
$155,600
Owner cost with a mortgage
$1,288
Of income on housing
22.9%

Redford against Wayne County and the metro

Census median Redford Wayne County Metro Detroit
Median rent (monthly) $1,365 $1,132 $1,207
Median home value $155,600 $178,500 $249,700
Owner cost with a mortgage (monthly) $1,288 $1,556 $1,720
Median household income (yearly) $69,414 $60,539 $76,664
Share of income on housing 22.9% 26.6% 22.9%

Ranked 25th most affordable of 42 in Wayne County. See all 42.

Cost of living near Redford

The towns around Redford, each with its own page.

Living in Redford

Redford cost of living questions

5 questions

Is Redford, MI expensive to live in?
A typical home in Redford takes 22.9% of the median household income, against 22.9% across Metro Detroit, which ranks it 147th most affordable of 199 places.
What is the average rent in Redford?
The median gross rent is $1,365 a month, rent plus the utilities the renter pays, 13% above the metro.
How much does a house cost in Redford?
Owners put the median home value at $155,600, 38% below the metro. With a mortgage, the median owner pays $1,288 a month for the mortgage, taxes, insurance and utilities.
What income do you need to live in Redford?
Spending no more than 30% of income on housing, the usual rule, a typical Redford home at $1,327 a month calls for about $53,000 a year. The median household here earns $69,414.
Where do these numbers come from?
The U.S. Census Bureau's American Community Survey 2020-2024 5-year estimates for Redford. 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.