States › Michigan › Madison Heights

Is Madison Heights, MI expensive to live in?

OKRent takes 21 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,30326% lower than U.S. average
💵 Families earn per year (2026)$74,959about $6,247/month · 14% lower than U.S. average
🔑 House price$199,10040% lower than U.S. average

Rent is lower than in 69% 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 $52,120 a year. That is $25 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 89 of 179 cities from cheapest to most expensive.

Madison Heights
$1,303
Port Huron
$996
Forest Hills
$2,609
Allen Park
$1,059
Hamtramck
$1,374
Oak Park
$1,497
Southgate
$1,390

How much do households earn in Madison Heights?

Under $25k
14.3%
$25k–50k
23.0%
$50k–100k
37.4%
$100k–150k
16.4%
$150k+
4.6%

Share of households by yearly income. 21.0% of households earn $100,000 or more.

Rent by apartment size in Madison Heights

SizeMadison HeightsU.S. average
Studio$1,106$1,338
1 bedroom$1,184$1,324
2 bedrooms$1,448$1,509
3 bedrooms$1,736$1,698

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

How expensive is Madison Heights 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 Madison Heights, so the Michigan figure is shown.

Taxes and bills in Madison Heights

🏛️ Property tax$2,941a year · 1.48% of home value · U.S. $3,119
⚡ Electric bill$97a month (typical) · U.S. $156

Life in Madison Heights

Commute to work25.3 minU.S.: 26.4 min
College degree33.9%U.S.: 35.7%
Own their home64.8%U.S.: 65.2%
Below poverty line10.8%U.S.: 12.5%
Unemployment2.8%U.S.: 5.2%

Is it cheaper to rent or buy in Madison Heights?

Renting is cheaper right now: about $78 a month less.

Renting
$1,303
Owning
$1,381

Owning assumes a typical $199,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $19,910 for the down payment.

Frequently asked questions

What is the average rent in Madison Heights, MI?

Renting in Madison Heights costs a median of about $1,303 a month in 2026, including utilities. The Michigan median is $1,314.

How much do I need to make to live in Madison Heights?

To keep rent under 30% of income, you need about $52,120 a year, or $25 an hour at a full-time job.

Is Madison Heights cheap or expensive?

Madison Heights is rated OK: rent takes 20.9% of the typical household income of $74,959. It ranks 89th cheapest of 179 Michigan cities we track.

How much are property taxes in Madison Heights?

The median homeowner in Madison Heights pays $2,941 a year in property taxes, about 1.48% of the median home value.

Is Madison Heights 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 Madison Heights?

The median home value in Madison Heights is $199,100, about 2.7 times the typical yearly household income.

28,419 people live in Madison Heights. Numbers are typical (middle) values.