Rent is lower than in 56% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.
How much money do I need?
To rent here comfortably, you should earn about $61,040 a year. That is $29 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 123 of 179 cities from cheapest to most expensive.
How much do households earn in Hazel Park?
Share of households by yearly income. 19.1% of households earn $100,000 or more.
Rent by apartment size in Hazel Park
| Size | Hazel Park | U.S. average |
|---|---|---|
| 1 bedroom | $865 | $1,324 |
| 2 bedrooms | $1,466 | $1,509 |
| 3 bedrooms | $1,633 | $1,698 |
| 4 bedrooms | $1,970 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Hazel Park overall?
Everyday prices in Michigan overall are 4% below the U.S. average (index 96.2, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Hazel Park, so the Michigan figure is shown.
Taxes and bills in Hazel Park
Life in Hazel Park
Is it cheaper to rent or buy in Hazel Park?
Buying is cheaper month to month: about $426 a month less than renting.
Owning assumes a typical $158,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $15,860 for the down payment.
Frequently asked questions
What is the average rent in Hazel Park, MI?
Renting in Hazel Park costs a median of about $1,526 a month in 2026, including utilities. The Michigan median is $1,314.
How much do I need to make to live in Hazel Park?
To keep rent under 30% of income, you need about $61,040 a year, or $29 an hour at a full-time job.
Is Hazel Park cheap or expensive?
Hazel Park is rated OK: rent takes 25.3% of the typical household income of $72,338. It ranks 123rd cheapest of 179 Michigan cities we track.
How much are property taxes in Hazel Park?
The median homeowner in Hazel Park pays $2,468 a year in property taxes, about 1.56% of the median home value.
Is Hazel 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 Hazel Park?
The median home value in Hazel Park is $158,600, about 2.2 times the typical yearly household income.
14,963 people live in Hazel Park. Numbers are typical (middle) values.