Housing
Home prices and rent in Dearborn
Median home values, rents and incomes from the U.S. Census Bureau, compared with Michigan and the U.S.
Census geography: Dearborn city, Michigan. These survey estimates are not current listing prices.
Dearborn vs. Michigan and the U.S.
| Dearborn | Michigan | U.S. | |
|---|---|---|---|
| Median home value | $218,800 | $231,600 | $332,700 |
| Median rent (monthly) | $1,327 | $1,129 | $1,413 |
| Median household income | $65,324 | $72,875 | $80,734 |
| Homes owned by occupants | 68% | 73% | 65% |
| Median year built | 1952 | 1972 | 1980 |
Ten years of change
| 2014 | 2019 | 2024 | |
|---|---|---|---|
| Median home value | $102,800 | $143,000 | $218,800 |
| Median rent (monthly) | $984 | $1,022 | $1,327 |
| Median household income | $46,776 | $53,670 | $65,324 |
Fair Market Rents (HUD, fiscal year 2027)
Detroit-Warren-Livonia, MI HUD Metro FMR Area · Wayne County. HUD's payment benchmarks for housing programs: typical gross rent (rent plus utilities) for a recent mover, not a listing or an asking rent.
Large figures are the metro-area Fair Market Rent; green figures are the range across 4 Dearborn ZIP codes, where HUD sets Small Area Fair Market Rents.
Income limits (HUD, fiscal year 2026)
Area median family income: $104,800. Households at or under these incomes can qualify for many housing programs; check each program's own rules.
| Household size | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 |
|---|---|---|---|---|---|---|---|---|
| Low income (80%) | $58,700 | $67,100 | $75,500 | $83,850 | $90,600 | $97,300 | $104,000 | $110,700 |
| Very low income (50%) | $36,700 | $41,950 | $47,200 | $52,400 | $56,600 | $60,800 | $65,000 | $69,200 |
| Extremely low income (30%) | $22,050 | $25,200 | $28,350 | $33,000 | $38,680 | $44,360 | $50,040 | $55,720 |
Source: U.S. Department of Housing and Urban Development, Fair Market Rents and Income Limits, checked October 18, 2026.
Questions
What is the median home value in Dearborn?
$218,800, according to the Census Bureau’s 2024 American Community Survey (5-year estimates), compared with $231,600 in Michigan and $332,700 nationally.
How much is rent in Dearborn?
Median gross rent (rent plus utilities) is $1,327 a month, versus $1,129 statewide.
How much have home values risen in Dearborn?
The median home value went from $102,800 in 2014 to $218,800 in 2024 (+113%).
What is fair market rent in Dearborn?
HUD's fiscal year 2027 Fair Market Rent for the Detroit-Warren-Livonia, MI HUD Metro FMR Area is $1,047 for a studio, $1,167 for one bedroom and $1,459 for two bedrooms; across Dearborn's ZIP codes, two-bedroom values run $1,480 to $2,050. These are HUD program benchmarks, not asking rents.
Are these current market prices?
No. They are survey medians from the Census Bureau, based on a five-year survey period, so they lag today’s listings. They are the most consistent way to compare places and track change over time.
U.S. Census Bureau, American Community Survey 5-year estimates (2014, 2019, 2024), Dearborn city, Michigan. Values are estimates with margins of error.