salaryRent is higher than in 67% of U.S. cities. A typical house costs about 3.1 years of household income. Most homes (76.7%) are owned, so rentals can be hard to find. It is a highly educated city: 61.4% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $78,480 a year. That is $38 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 168 of 179 cities from cheapest to most expensive.
How much do households earn in Rochester Hills?
Share of households by yearly income. 48.1% of households earn $100,000 or more.
Rent by apartment size in Rochester Hills
| Size | Rochester Hills | U.S. average |
|---|---|---|
| Studio | $1,845 | $1,338 |
| 1 bedroom | $1,505 | $1,324 |
| 2 bedrooms | $1,863 | $1,509 |
| 3 bedrooms | $1,985 | $1,698 |
| 4 bedrooms | $3,611 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Rochester Hills 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 Rochester Hills, so the Michigan figure is shown.
Taxes and bills in Rochester Hills
Life in Rochester Hills
Is it cheaper to rent or buy in Rochester Hills?
Renting is cheaper right now: about $881 a month less.
Owning assumes a typical $409,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $40,980 for the down payment.
Frequently asked questions
What is the average rent in Rochester Hills, MI?
Renting in Rochester Hills costs a median of about $1,962 a month in 2026, including utilities. The Michigan median is $1,314.
How much do I need to make to live in Rochester Hills?
To keep rent under 30% of income, you need about $78,480 a year, or $38 an hour at a full-time job.
Is Rochester Hills cheap or expensive?
Rochester Hills is rated Cheap: rent takes 18.1% of the typical household income of $130,168. It ranks 168th cheapest of 179 Michigan cities we track.
How much are property taxes in Rochester Hills?
The median homeowner in Rochester Hills pays $4,540 a year in property taxes, about 1.11% of the median home value.
Is Rochester Hills 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 Rochester Hills?
The median home value in Rochester Hills is $409,800, about 3.1 times the typical yearly household income.
77,089 people live in Rochester Hills. Numbers are typical (middle) values.