States › Michigan › Allen Park

Is Allen Park, MI expensive to live in?

CheapRent takes 14 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,05940% lower than U.S. average
💵 Families earn per year (2026)$88,065about $7,339/month · 1% higher than U.S. average
🔑 House price$183,70045% lower than U.S. average

Rent is lower than in 84% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (87.3%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $42,360 a year. That is $20 an hour at a full-time job.

Is rent cheaper than other Michigan cities?

Yes. Rent here is cheaper than in most of Michigan. It is number 48 of 179 cities from cheapest to most expensive.

Allen Park
$1,059
$1,374

How much do households earn in Allen Park?

Under $25k
9.1%
$25k–50k
20.0%
$50k–100k
41.8%
$100k–150k
17.6%
$150k+
8.4%

Share of households by yearly income. 26.1% of households earn $100,000 or more.

Rent by apartment size in Allen Park

SizeAllen ParkU.S. average
1 bedroom$929$1,324
2 bedrooms$1,245$1,509
3 bedrooms$1,631$1,698
4 bedrooms$1,578$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Allen Park overall?

Everyday prices in Michigan overall are 4% below the U.S. average (index 96.2, U.S. = 100).

Housing
82
Goods (food, clothes…)
96
Utilities
100
Other services
101
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Allen Park, so the Michigan figure is shown.

Taxes and bills in Allen Park

🏛️ Property tax$3,476a year · 1.89% of home value · U.S. $3,119
⚡ Electric bill$188a month (typical) · U.S. $156

Life in Allen Park

Commute to work23.8 minU.S.: 26.4 min
College degree31%U.S.: 35.7%
Own their home87.3%U.S.: 65.2%
Below poverty line6.9%U.S.: 12.5%
Unemployment4.8%U.S.: 5.2%

Is it cheaper to rent or buy in Allen Park?

Renting is cheaper right now: about $216 a month less.

Renting
$1,059
Owning
$1,275

Owning assumes a typical $183,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $18,370 for the down payment.

Frequently asked questions

What is the average rent in Allen Park, MI?

Renting in Allen Park costs a median of about $1,059 a month in 2026, including utilities. The Michigan median is $1,314.

How much do I need to make to live in Allen Park?

To keep rent under 30% of income, you need about $42,360 a year, or $20 an hour at a full-time job.

Is Allen Park cheap or expensive?

Allen Park is rated Cheap: rent takes 14.4% of the typical household income of $88,065. It ranks 48th cheapest of 179 Michigan cities we track.

How much are property taxes in Allen Park?

The median homeowner in Allen Park pays $3,476 a year in property taxes, about 1.89% of the median home value.

Is Allen Park more expensive than the national average?

Overall prices in Michigan are 4% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Allen Park?

The median home value in Allen Park is $183,700, about 2.1 times the typical yearly household income.

27,925 people live in Allen Park. Numbers are typical (middle) values.