States › Michigan › Hamtramck

Is Hamtramck, MI expensive to live in?

ExpensiveRent takes 39 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,37422% lower than U.S. average
💵 Families earn per year (2026)$42,378about $3,532/month · 51% lower than U.S. average
🔑 House price$131,00061% lower than U.S. average

Rent is lower than in 65% of U.S. cities. A typical house costs about 3.1 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $54,960 a year. That is $26 an hour at a full-time job.

Is rent cheaper than other Michigan cities?

No. Rent here is more expensive than in most of Michigan. It is number 99 of 179 cities from cheapest to most expensive.

Hamtramck
$1,374
Allen Park
$1,059
Madison Heights
$1,303
Port Huron
$996
Forest Hills
$2,609
Garden City
$1,881
Allendale
$952

How much do households earn in Hamtramck?

Under $25k
25.1%
$25k–50k
33.6%
$50k–100k
24.1%
$100k–150k
6.0%
$150k+
2.4%

Share of households by yearly income. 8.3% of households earn $100,000 or more.

Rent by apartment size in Hamtramck

SizeHamtramckU.S. average
Studio$840$1,338
1 bedroom$839$1,324
2 bedrooms$1,077$1,509
3 bedrooms$1,172$1,698
4 bedrooms$1,317$2,098

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

How expensive is Hamtramck 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 Hamtramck, so the Michigan figure is shown.

Taxes and bills in Hamtramck

🏛️ Property tax$1,825a year · 1.39% of home value · U.S. $3,119
⚡ Electric bill$175a month (typical) · U.S. $156

Life in Hamtramck

Commute to work23.9 minU.S.: 26.4 min
College degree17.8%U.S.: 35.7%
Own their home58.3%U.S.: 65.2%
Below poverty line39.9%U.S.: 12.5%
Unemployment13.1%U.S.: 5.2%

Is it cheaper to rent or buy in Hamtramck?

Buying is cheaper month to month: about $465 a month less than renting.

Renting
$1,374
Owning
$909

Owning assumes a typical $131,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $13,100 for the down payment.

Frequently asked questions

What is the average rent in Hamtramck, MI?

Renting in Hamtramck costs a median of about $1,374 a month in 2026, including utilities. The Michigan median is $1,314.

How much do I need to make to live in Hamtramck?

To keep rent under 30% of income, you need about $54,960 a year, or $26 an hour at a full-time job.

Is Hamtramck cheap or expensive?

Hamtramck is rated Expensive: rent takes 38.9% of the typical household income of $42,378. It ranks 99th cheapest of 179 Michigan cities we track.

How much are property taxes in Hamtramck?

The median homeowner in Hamtramck pays $1,825 a year in property taxes, about 1.39% of the median home value.

Is Hamtramck 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 Hamtramck?

The median home value in Hamtramck is $131,000, about 3.1 times the typical yearly household income.

27,743 people live in Hamtramck. Numbers are typical (middle) values.