138th most affordable of 199 in Metro Detroit
Cost of Living in Riverview, MI
A typical home in Riverview costs about $1,363 a month, 22.3% of the median household income of $73,468. That makes Riverview the 23rd most affordable of 42 places in Wayne County and 138th of 199 across Metro Detroit.
- Median rent a month
- $1,101
- Median home value
- $215,100
- Owner cost with a mortgage
- $1,625
- Of income on housing
- 22.3%
Riverview against Wayne County and the metro
| Census median | Riverview | Wayne County | Metro Detroit |
|---|---|---|---|
| Median rent (monthly) | $1,101 | $1,132 | $1,207 |
| Median home value | $215,100 | $178,500 | $249,700 |
| Owner cost with a mortgage (monthly) | $1,625 | $1,556 | $1,720 |
| Median household income (yearly) | $73,468 | $60,539 | $76,664 |
| Share of income on housing | 22.3% | 26.6% | 22.9% |
Ranked 23rd most affordable of 42 in Wayne County. See all 42.
Cost of living near Riverview
The towns around Riverview, each with its own page.
- Wyandotte Rent $972 · Home $166,900 74th most affordable in the metro
- Southgate Rent $1,120 · Home $173,600 155th most affordable in the metro
- Trenton Rent $880 · Home $210,600 53rd most affordable in the metro
- Woodhaven Rent $1,096 · Home $231,800 98th most affordable in the metro
- Brownstown Township Rent $1,196 · Home $272,700 69th most affordable in the metro
- Grosse Ile Township Rent $1,414 · Home $355,900 52nd most affordable in the metro
- Gibraltar Rent $1,276 · Home $223,200 79th most affordable in the metro
- Lincoln Park Rent $1,023 · Home $131,000 141st most affordable in the metro
Living in Riverview
- Homes for sale in Riverview Listings and off-market deals
- Rentals in Riverview Houses and apartments for rent
- Riverview neighborhoods Every neighborhood on a map
- Riverview crime rate From Riverview's own police reports
- Cost of living in Wayne County Every town in the county, ranked
- Most affordable cities in Metro Detroit All six counties, ranked
- Riverview city guide Pros, homes and city services
Riverview cost of living questions
5 questions
Is Riverview, MI expensive to live in?
A typical home in Riverview takes 22.3% of the median household income, against 22.9% across Metro Detroit, which ranks it 138th most affordable of 199 places.
What is the average rent in Riverview?
The median gross rent is $1,101 a month, rent plus the utilities the renter pays, 9% below the metro.
How much does a house cost in Riverview?
Owners put the median home value at $215,100, 14% below the metro. With a mortgage, the median owner pays $1,625 a month for the mortgage, taxes, insurance and utilities.
What income do you need to live in Riverview?
Spending no more than 30% of income on housing, the usual rule, a typical Riverview home at $1,363 a month calls for about $55,000 a year. The median household here earns $73,468.
Where do these numbers come from?
The U.S. Census Bureau's American Community Survey 2020-2024 5-year estimates for Riverview. 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.