States › Michigan › Hazel Park

Is Hazel Park, MI expensive to live in?

OKRent takes 25 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,52613% lower than U.S. average
💵 Families earn per year (2026)$72,338about $6,028/month · 17% lower than U.S. average
🔑 House price$158,60052% lower than U.S. average

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.

Hazel Park
$1,526
$1,905
$1,612
$696
$1,078

How much do households earn in Hazel Park?

Under $25k
15.7%
$25k–50k
24.3%
$50k–100k
38.4%
$100k–150k
14.9%
$150k+
4.1%

Share of households by yearly income. 19.1% of households earn $100,000 or more.

Rent by apartment size in Hazel Park

SizeHazel ParkU.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).

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 Hazel Park, so the Michigan figure is shown.

Taxes and bills in Hazel Park

🏛️ Property tax$2,468a year · 1.56% of home value · U.S. $3,119
⚡ Electric bill$110a month (typical) · U.S. $156

Life in Hazel Park

Commute to work24.6 minU.S.: 26.4 min
College degree27%U.S.: 35.7%
Own their home66.1%U.S.: 65.2%
Below poverty line12.3%U.S.: 12.5%
Unemployment5.1%U.S.: 5.2%

Is it cheaper to rent or buy in Hazel Park?

Buying is cheaper month to month: about $426 a month less than renting.

Renting
$1,526
Owning
$1,100

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.