Special Interest

Housing in Oakland County

The inside story on rent prices
Oakland
Michigan
United States
$0
$1,000
$2,000
$3,000
$4,000
$5,000
$6,000
20%
25%
30%
35%
40%
$1,348
$1,084
$1,319
$4,283
$3,431
$4,721
Median Monthly Rent for 2 Bdrm
Median Renter Household Income
Rent to Income Ratio %
32%
32%
28%
Source: US Census Bureau - ACS 5 Yr 2023

Almost half of renters in the United States pay 1/3 or more of their monthly income for rent (third column above). Compare that with rent in Oakland County and Michigan in the first two columns. The optimal rent to household income ratio is 25% to 28% or less. When you pay more than 30% of your income towards rent, your ability to pay for food, transportation, health care, education, and savings becomes increasingly difficult.
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How affordable is housing in Oakland County?

Towns Near Novi

City
County
State
Miles
Oakland
MI
0.0 mi.
Oakland
MI
2.5 mi.
Oakland
MI
3.6 mi.
Oakland
MI
4.1 mi.
Oakland
MI
5.2 mi.
Oakland
MI
5.5 mi.
Oakland
MI
6.2 mi.
Oakland
MI
6.3 mi.
Oakland
MI
6.3 mi.
Oakland
MI
6.5 mi.
Oakland
MI
6.9 mi.
Oakland
MI
6.9 mi.
Oakland
MI
7.1 mi.
Oakland
MI
7.4 mi.
Oakland
MI
7.5 mi.
Oakland
MI
9.3 mi.
Oakland
MI
10.2 mi.
Oakland
MI
11.8 mi.
Oakland
MI
12.5 mi.
Oakland
MI
13.5 mi.
Oakland
MI
13.6 mi.
Oakland
MI
14.0 mi.
Oakland
MI
15.0 mi.
Oakland
MI
15.0 mi.
Oakland
MI
15.2 mi.
Oakland
MI
17.2 mi.
Oakland
MI
18.5 mi.
Oakland
MI
18.8 mi.
Oakland
MI
19.0 mi.
Oakland
MI
19.2 mi.
Oakland
MI
19.4 mi.
Oakland
MI
19.7 mi.
Oakland
MI
19.8 mi.
Oakland
MI
21.2 mi.
Oakland
MI
24.4 mi.
Oakland
MI
25.1 mi.
Oakland
MI
25.2 mi.
Oakland
MI
25.3 mi.
Oakland
MI
26.7 mi.
Oakland
MI
28.7 mi.
Oakland
MI
29.9 mi.
48083
48084
48085
48098
48017
48073
48071
10000 km
Leaflet Map data: © OpenStreetMap

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