Rental numbers for Wayne County, MI
The typical home here runs -$214 a month at 7.78% with 25% down, breaking even at about 5.4%. 18 of 56 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 9.3%.
- Gross yield
- 9.6%
- typical home, Zillow
- Median ZIP yield
- 9.3%
- 56 ZIPs with full data
- Cash flow
- -$214/mo
- at 7.78%, 25% down
- Typical price
- $179,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,431/mo
- Zillow ZORI, Aug 2026
ZIP codes in Wayne County
67 with published figures
| 48213Detroit | $47,000 | $1,316 | 33.9% | 23.8% | +$674 | n/a |
| 48205Detroit | $53,000 | $1,284 | 29.0% | 19.9% | +$594 | +6.5% |
| 48234Detroit | $54,000 | $1,258 | 27.9% | 18.9% | +$563 | +8.4% |
| 48217Detroit | $59,000 | $1,370* | 27.9% | 19.4% | +$638 | n/a |
| 48203Detroit | $60,000 | $1,313 | 26.2% | 18.0% | +$577 | n/a |
| 48238Detroit | $56,000 | $1,141 | 24.6% | 16.1% | +$448 | +3.4% |
| 48204Detroit | $57,000 | $1,137 | 23.8% | 15.5% | +$430 | n/a |
| 48211Detroit | $60,000 | $1,170* | 23.6% | 15.9% | +$466 | n/a |
| 48227Detroit | $70,000 | $1,370 | 23.3% | 15.7% | +$541 | +10.1% |
| 48228Detroit | $70,000 | $1,213 | 20.8% | 13.4% | +$403 | +4.3% |
| 48210Detroit | $71,000 | $1,160* | 19.7% | 12.6% | +$360 | n/a |
| 48224Detroit | $82,000 | $1,338 | 19.6% | 12.7% | +$423 | -0.9% |
| 48219Detroit | $91,000 | $1,343 | 17.8% | 11.3% | +$366 | +4.5% |
| 48206Detroit | $87,000 | $1,267 | 17.4% | 11.3% | +$351 | +8.5% |
| 48229Ecorse | $82,000 | $1,150* | 16.9% | 9.6% | +$215 | n/a |
| 48235Detroit | $96,000 | $1,331 | 16.6% | 10.4% | +$319 | +6.1% |
| 48223Detroit | $86,000 | $1,126 | 15.7% | 9.3% | +$201 | n/a |
| 48215Detroit | $95,000 | $1,190* | 15.0% | 9.6% | +$245 | n/a |
| 48218River Rouge | $85,000 | $1,060* | 15.0% | 8.2% | +$119 | n/a |
| 48141Inkster | $108,000 | $1,236 | 13.7% | 7.5% | +$90 | -0.4% |
| 48214Detroit | $96,000 | $1,084 | 13.5% | 8.5% | +$159 | n/a |
| 48209Detroit | $89,000 | $934 | 12.6% | 7.0% | +$44 | n/a |
| 48240Redford | $158,000 | $1,580 | 12.0% | 7.0% | +$69 | +3.8% |
| 48216Detroit | $184,000 | $1,833 | 11.9% | 8.1% | +$245 | +0.5% |
| 48207Detroit | $147,000 | $1,464 | 11.9% | 7.7% | +$147 | +4.2% |
| 48208Detroit | $133,000 | $1,306 | 11.8% | 7.4% | +$105 | n/a |
| 48125Dearborn Heights | $165,000 | $1,562 | 11.3% | 6.4% | -$10 | +3.5% |
| 48221Detroit | $136,000 | $1,288 | 11.3% | 6.6% | +$12 | +5.9% |
| 48225Harper Woods | $151,000 | $1,404 | 11.1% | 5.6% | -$105 | +4.8% |
| 48146Lincoln Park | $155,000 | $1,399 | 10.8% | 6.0% | -$57 | +2.5% |
| 48212Hamtramck | $129,000 | $1,151 | 10.7% | 6.0% | -$55 | n/a |
| 48180Taylor | $180,000 | $1,528 | 10.2% | 5.5% | -$151 | +0.7% |
| 48239Redford | $180,000 | $1,525 | 10.2% | 5.5% | -$147 | n/a |
| 48135Garden City | $206,000 | $1,677 | 9.8% | 5.1% | -$237 | +4.0% |
| 48122Melvindale | $143,000 | $1,154 | 9.7% | 4.9% | -$182 | n/a |
| 48124Dearborn | $239,000 | $1,906 | 9.6% | 4.8% | -$326 | n/a |
| 48126Dearborn | $240,000 | $1,832 | 9.2% | 4.9% | -$313 | +0.8% |
| 48202Detroit | $181,000 | $1,329 | 8.8% | 5.0% | -$220 | +3.5% |
| 48195Southgate | $197,000 | $1,446 | 8.8% | 4.1% | -$387 | +6.0% |
| 48174Romulus | $219,000 | $1,547 | 8.5% | 4.0% | -$442 | +8.4% |
| 48154Livonia | $342,000 | $2,413 | 8.5% | 4.7% | -$514 | n/a |
| 48150Livonia | $282,000 | $1,974 | 8.4% | 4.5% | -$469 | n/a |
| 48183Woodhaven | $258,000 | $1,804 | 8.4% | 4.0% | -$533 | n/a |
| 48184Wayne | $175,000 | $1,206 | 8.3% | 3.8% | -$388 | +7.8% |
| 48101Allen Park | $212,000 | $1,429 | 8.1% | 3.5% | -$514 | n/a |
| 48128Dearborn | $310,000 | $2,030* | 7.8% | 3.5% | -$757 | n/a |
| 48186Westland | $202,000 | $1,295 | 7.7% | 3.5% | -$495 | +5.1% |
| 48226Detroit | $315,000 | $2,010 | 7.6% | 4.4% | -$537 | -1.4% |
| 48120Dearborn | $253,000 | $1,588 | 7.5% | 3.5% | -$625 | n/a |
| 48192Wyandotte | $191,000 | $1,178 | 7.4% | 3.0% | -$545 | +0.6% |
| 48185Westland | $226,000 | $1,313 | 7.0% | 3.0% | -$645 | +2.8% |
| 48164Huron | $346,000 | $1,880* | 6.5% | 2.9% | -$1,043 | n/a |
| 48193Riverview | $250,000 | $1,328 | 6.4% | 2.2% | -$892 | n/a |
| 48127Dearborn Heights | $264,000 | $1,397 | 6.3% | 2.5% | -$873 | +1.5% |
| 48134Flat Rock | $316,000 | $1,620 | 6.2% | 2.2% | -$1,120 | n/a |
| 48188Canton | $410,000 | $2,058 | 6.0% | 2.5% | -$1,350 | +3.8% |
| 48173Brownstown | $271,000 | $1,340* | 5.9% | 1.9% | -$1,034 | n/a |
| 48187Canton | $400,000 | $1,890 | 5.7% | 2.2% | -$1,406 | +4.8% |
| 48236Grosse Pointe Woods | $407,000 | $1,910* | 5.6% | 1.8% | -$1,600 | n/a |
| 48111Belleville | $311,000 | $1,402 | 5.4% | 2.0% | -$1,158 | +8.3% |
| 48152Livonia | $329,000 | $1,453 | 5.3% | 1.8% | -$1,268 | n/a |
| 48138Grosse Ile | $399,000 | $1,670* | 5.0% | 1.4% | -$1,698 | n/a |
| 48168Northville | $657,000 | $2,648 | 4.8% | 1.7% | -$2,614 | n/a |
| 48201Detroit | $415,000 | $1,489 | 4.3% | 1.4% | -$1,756 | +1.1% |
| 48167Northville | $498,000 | $1,759 | 4.2% | 1.1% | -$2,248 | +5.9% |
| 48230Grosse Pointe Park | $505,000 | $1,679 | 4.0% | 0.4% | -$2,546 | n/a |
| 48170Plymouth | $483,000 | $1,601 | 4.0% | 0.9% | -$2,245 | +3.1% |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +1.2%
- Rent, 12 months
- +4.0%
- Rent minus price growth
- +2.8 pts
- Property tax
- 1.63%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $148,487 | $1,137 |
| Aug 2022 | $160,338 | $1,233 |
| Aug 2023 | $159,873 | $1,268 |
| Aug 2024 | $171,319 | $1,333 |
| Aug 2025 | $176,505 | $1,376 |
| Aug 2026 | $178,627 | $1,431 |
HUD Fair Market Rent
FY2027, Detroit-Warren-Livonia, MI HUD Metro FMR Area
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $1,047 | $1,167 | $1,459 | $1,777 | $1,929 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 4.3
- 2,999 units, last 12 months
- National percentile
- 44th
- among US counties
Tools
Test a listing in Wayne County against today's rate.
Open the calculatorPart of the Detroit, MI metro.
Questions
- Is Wayne County good for rental property?
- The typical home here runs -$214 a month at 7.78% with 25% down, breaking even at about 5.4%. 18 of 56 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 9.3%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Wayne County?
- About 1.63% of value, from Census ACS median taxes paid over median home value. On a $179,000 home that is about $2,906 a year.
- What is Fair Market Rent in Wayne County?
- HUD's FY2027 Fair Market Rent here is $1,167 for a 1-bedroom, $1,459 for a 2-bedroom and $1,777 for a 3-bedroom. Typical cash flow at today's rate is -$214 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.