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City Report · MI

Hazel Park

Pop. 14,963·49th most expensive in Michigan·Rental market data updated monthly for Hazel Park, MI
Median rent (all units)
$1,496/mo
Year-over-Year
+2.7%
Month-over-Month
-2.0%
vs US Median
-$469
Falling (Monthly)
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Most AffordableMost Expensive
Hazel Park · $1,496
More affordable than 76% of US cities · National median $1,965/mo
Rent Reality Score
73/100
Good value
OverheatedFairGreat value

Rents are 11% below what Hazel Park's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,496/mo
Expected by trend
$1,689/mo
The Rent Reality Score compares today's median rent to where Hazel Park's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,040
1 BR
$1,140
2 BR
$1,440
3 BR
$1,760
4 BR+
$1,910
Research median
$1,440/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$17,952/yr
At $1,496/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+2.7% YoY, -2.0% MoM), not inventory.
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Demographics

Who lives here

Hazel Park, MI is majority owner-occupied, 27% of residents hold a bachelor's degree or higher.

Population
14,963
Median income
$67,073
Median age
37.5
Renters
33.9%
Age distribution
17.5%
27%
29.3%
13.8%
12.4%
Under 1817.5%
18–3427%
35–5429.3%
55–6413.8%
65+12.4%
Gender
52%
48%
Male52%
Female48%
Race & ethnicity
74.7%
White74.7%
Black11.4%
Hispanic5.3%
Asian1.1%
Other7.5%
Education (25+)
34%
28%
27%
No HS diploma11%
HS diploma34%
Some college28%
Bachelor's+27%
Housing tenure
66.1%
33.9%
Owner66.1%
Renter33.9%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Hazel Park, MI has changed in 5 years

Rent
$1,140 → $1,496
up 31.2%
Income
$50,871 → $67,073
up 31.8%
Population
15,213 → 14,963
down 1.6%
Renter share
42.9% → 33.9%
-9.0 pts
Bachelor's+
19.1% → 27%
+7.9 pts

Compared with 2021, rent in Hazel Park, MI has climbed by $356 per month, settling near $1,496 after starting the period at $1,140. Local incomes tracked alongside that move, going from a median of $50,871 in 2021 to $67,073 more recently. Headcount in the area went from 15,213 to 14,963 between 2021 and 2024, a 1.6% change. About 33.9% of households rent today, against 42.9% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 19.1% to 27%. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Hazel Park, MI market of 2021.

Community

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View Hazel Park rent history (2015–2026) →
Salary vs rent

Can you afford rent in Hazel Park on your salary?

At $1,496/mo, how Hazel Park rent compares to typical pay (30% rule).

By apartment size

Hazel Park rent by bedroom count

Median rent for each apartment size in Hazel Park. Click any size for full breakdown.

Local insights

Tips for renters in Hazel Park

About renting in Hazel Park, MI

Last updated: July 20, 2026

The median rent in Hazel Park is $1,496/mo as of July 2026. A studio apartment averages $1,040/mo while a 2-bedroom runs $1,440/mo. One-bedroom apartments average $1,140/mo and 3-bedroom units go for $1,760/mo.

At 27% of local median household income ($67,073/yr), Hazel Park ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.7% over the past year.

FAQ

Frequently asked questions

Is Hazel Park an affordable city for renters?

Hazel Park is considered affordable for renters. At $1,496/mo, rent takes approximately 27% of the local median household income ($67,073/yr). The standard benchmark is 30%. Hazel Park falls comfortably within that range.

How much income do you need to rent in Hazel Park?

To keep rent at or below 30% of gross income, you would need to earn at least $60,000/year (~$29/hour full-time) to afford the median rent of $1,496/mo in Hazel Park. The local median household income is $67,073/yr, meaning the typical Hazel Park household meets that threshold.

Is rent going up or down in Hazel Park?

Rent in Hazel Park has increased 2.7% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Hazel Park rent compare to other cities in Michigan?

Hazel Park is middle-of-the-pack for Michigan for rent, ranking #49 out of 95 tracked cities at $1,496/mo.

Which nearby cities are cheaper to rent in than Hazel Park?

Several nearby cities have lower median rents than Hazel Park ($1,496/mo): Warren ($1,337/mo), Detroit ($1,356/mo).

What percentage of Hazel Park residents rent vs. own?

According to Census data, approximately 33.9% of Hazel Park households are renters, while 66.1% are owner-occupied. Hazel Park leans toward homeownership, which can mean a smaller rental inventory.

How does Hazel Park rent compare to the national average?

Hazel Park's median rent of $1,496/mo is $469 (24%) below the US national median of $1,965/mo. Within Michigan, it ranks #49 out of 95 tracked cities.
Income Affordability
27%
AFFORDABLE

At $1,496/mo, rent takes ~27% of Hazel Park's median household income ($67,073/yr). The standard benchmark is 30%.

Hazel Park 27%Benchmark 30%
State income tax4.25%
Run the Hazel Park affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Hazel Park, MI

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