housing costs · Michigan
Housing costs in Oakland County
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $1,376 | ± $14 | evidence → |
| 2019–2023 | $1,319 | ± $14 | evidence → |
| 2018–2022 | $1,243 | ± $12 | evidence → |
| 2017–2021 | $1,156 | ± $10 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $343,600 | ± $2,730 | evidence → |
| 2019–2023 | $320,400 | ± $2,411 | evidence → |
| 2018–2022 | $302,800 | ± $2,692 | evidence → |
| 2017–2021 | $268,600 | ± $1,982 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 27.8 % | ± 0.5 % | evidence → |
| 2019–2023 | 27.4 % | ± 0.6 % | evidence → |
| 2018–2022 | 26.8 % | ± 0.5 % | evidence → |
| 2017–2021 | 26.5 % | ± 0.5 % | evidence → |
In context
Median rent in Oakland County is $1,376, above the Michigan median of $884 across 83 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.