Housing & Real Estate — Farmington Hills, Michigan
Overview
| Total Housing Units | 37,615 |
| Occupied | 35,528 |
| Vacant | 2,087 |
| Owner-Occupied | 22,740 |
| Renter-Occupied | 12,788 |
| Median Home Value (Census) | $354,500 |
| Estimated 2026 | ~$410,000 |
| Median Rent | $1,475/mo |
| Median Property Tax | $5,396/yr |
Affordability
| Home Price to Income Ratio | N/Ax |
| Home Affordability | N/A |
| Rent as % of Income | N/A% |
| Severely Rent-Burdened | 37.4% |
Housing Age
| Built 2010 or later | 904 |
| Built 2000-2009 | 1,579 |
| Built 1990-1999 | 5,827 |
| Built before 1960 | 6,276 |
| Median Year Built | 1979 |
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.