135th most affordable of 199 in Metro Detroit
Cost of Living in Wayne, MI
A typical home in Wayne costs about $1,094 a month, 22.2% of the median household income of $59,038. That makes Wayne the 22nd most affordable of 42 places in Wayne County and 135th of 199 across Metro Detroit.
- Median rent a month
- $974
- Median home value
- $157,800
- Owner cost with a mortgage
- $1,214
- Of income on housing
- 22.2%
Wayne against Wayne County and the metro
| Census median | Wayne | Wayne County | Metro Detroit |
|---|---|---|---|
| Median rent (monthly) | $974 | $1,132 | $1,207 |
| Median home value | $157,800 | $178,500 | $249,700 |
| Owner cost with a mortgage (monthly) | $1,214 | $1,556 | $1,720 |
| Median household income (yearly) | $59,038 | $60,539 | $76,664 |
| Share of income on housing | 22.2% | 26.6% | 22.9% |
Ranked 22nd most affordable of 42 in Wayne County. See all 42.
Cost of living near Wayne
The towns around Wayne, each with its own page.
- Westland Rent $1,158 · Home $184,600 164th most affordable in the metro
- Canton Rent $1,501 · Home $372,400 61st most affordable in the metro
- Romulus Rent $1,049 · Home $159,500 114th most affordable in the metro
- Inkster Rent $1,170 · Home $80,400 198th most affordable in the metro
- Garden City Rent $1,150 · Home $168,800 133rd most affordable in the metro
- Van Buren Township Rent $1,230 · Home $269,700 156th most affordable in the metro
- Dearborn Heights Rent $1,331 · Home $185,100 183rd most affordable in the metro
- Belleville Rent $1,079 · Home $148,300 161st most affordable in the metro
Living in Wayne
- Homes for sale in Wayne Listings and off-market deals
- Rentals in Wayne Houses and apartments for rent
- Wayne neighborhoods Every neighborhood on a map
- Wayne crime rate From Wayne'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
- Wayne city guide Pros, homes and city services
Wayne cost of living questions
5 questions
Is Wayne, MI expensive to live in?
A typical home in Wayne takes 22.2% of the median household income, against 22.9% across Metro Detroit, which ranks it 135th most affordable of 199 places.
What is the average rent in Wayne?
The median gross rent is $974 a month, rent plus the utilities the renter pays, 19% below the metro.
How much does a house cost in Wayne?
Owners put the median home value at $157,800, 37% below the metro. With a mortgage, the median owner pays $1,214 a month for the mortgage, taxes, insurance and utilities.
What income do you need to live in Wayne?
Spending no more than 30% of income on housing, the usual rule, a typical Wayne home at $1,094 a month calls for about $44,000 a year. The median household here earns $59,038.
Where do these numbers come from?
The U.S. Census Bureau's American Community Survey 2020-2024 5-year estimates for Wayne. 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.