WhereCanIAffordDetroit, MI › On $25,000

Is Detroit, MI affordable on a $25,000 salary?

NO On $25,000/yr, the typical $267,167 home in Detroit, MI needs $82,049/yr ($1,914/mo). Your gap: $-57,049 — housing would be 91.9% of your gross income.

The math

267,167 price − 10% down (26,717) = 240,450 loan
30-yr fixed at 6.95% on 240,450 = 1,592/mo principal+interest
+ 323/mo est. taxes+insurance (1.45%/yr of value — national placeholder)
1,914/mo PITI ÷ 0.28 = 6,837/mo → 82,049/yr required

against Zillow ZHVI 2026-08 and the 6.95% FRED 30-yr rate (2026-09-17).

What salary WOULD clear Detroit, MI?

You need about $82,049/yr for the typical home. That's $57,049 more than $25,000.

On $50,000? On $75,000?

See the full Detroit, MI affordability breakdown → or every metro you can afford on $25,000 →