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 $51,760 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 86 of 179 cities from cheapest to most expensive.
How much do households earn in Romulus?
Share of households by yearly income. 20.2% of households earn $100,000 or more.
Rent by apartment size in Romulus
| Size | Romulus | U.S. average |
|---|---|---|
| 1 bedroom | $596 | $1,324 |
| 2 bedrooms | $1,075 | $1,509 |
| 3 bedrooms | $1,652 | $1,698 |
| 4 bedrooms | $2,099 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Romulus 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 Romulus, so the Michigan figure is shown.
Taxes and bills in Romulus
Life in Romulus
Is it cheaper to rent or buy in Romulus?
Buying is cheaper month to month: about $187 a month less than renting.
Owning assumes a typical $159,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $15,950 for the down payment.
Frequently asked questions
What is the average rent in Romulus, MI?
Renting in Romulus costs a median of about $1,294 a month in 2026, including utilities. The Michigan median is $1,314.
How much do I need to make to live in Romulus?
To keep rent under 30% of income, you need about $51,760 a year, or $25 an hour at a full-time job.
Is Romulus cheap or expensive?
Romulus is rated OK: rent takes 20.8% of the typical household income of $74,579. It ranks 86th cheapest of 179 Michigan cities we track.
How much are property taxes in Romulus?
The median homeowner in Romulus pays $2,744 a year in property taxes, about 1.72% of the median home value.
Is Romulus 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 Romulus?
The median home value in Romulus is $159,500, about 2.1 times the typical yearly household income.
24,831 people live in Romulus. Numbers are typical (middle) values.