City Report · MI

Wayne

Pop. 17,310·89th most expensive in Michigan·Wayne rents are up 6.3% over the past year
Median rent (all units)
$1,166/mo
Year-over-Year
+6.3%
Month-over-Month
-0.4%
vs US Median
-$766
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Wayne · $1,166
More affordable than 93% of US cities · National median $1,932/mo
Affordability
24% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,166/mo, rent takes about 24% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$47,000/yr
Local median income
$59,038/yr
Based on the 30%-of-income rule using Wayne's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$830
1 BR
$920
2 BR
$1,170
3 BR
$1,440
4 BR+
$1,550
Fair Market Rent (HUD)
$1,170/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,166 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of Michigan

Rent in Wayne changed +6.3% over the year to September 2026. Across the 79 Michigan cities Zillow tracks, the typical change was +4.1%.

Recent direction

Rent rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($59,038) is $1,476 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,440); a 4-bedroom is $1,550.

From Zillow's monthly rent index (ZORI) for Wayne. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$13,992/yr
At $1,166/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (6.3% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+6.3% YoY, -0.4% MoM), not inventory.
Rent check

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Demographics

Who lives here

Wayne, MI is majority owner-occupied, has a median income below the national average, 17.5% of residents hold a bachelor's degree or higher.

Population
17,310
Median income
$59,038
Median age
42.5
Renters
39.3%
Age distribution
20.5%
20%
27.7%
14.5%
17.3%
Under 1820.5%
18–3420%
35–5427.7%
55–6414.5%
65+17.3%
Gender
50%
50%
Male50%
Female50%
Race & ethnicity
63.9%
25.1%
White63.9%
Black25.1%
Hispanic3.8%
Asian1.3%
Other5.9%
Education (25+)
37.2%
34.6%
17.5%
No HS diploma10.7%
HS diploma37.2%
Some college34.6%
Bachelor's+17.5%
Housing tenure
60.7%
39.3%
Owner60.7%
Renter39.3%

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

2021 vs 2026

How Wayne, MI has changed in 5 years

Income
$47,621 → $59,038
up 24.0%
Population
17,624 → 17,310
down 1.8%
Renter share
42.1% → 39.3%
-2.8 pts
Bachelor's+
14.3% → 17.5%
+3.2 pts
Median age
39.6 → 42.5
+2.9 yrs

Local incomes tracked alongside that move, going from a median of $47,621 in 2021 to $59,038 more recently. Headcount in the area went from 17,624 to 17,310 between 2021 and 2024, a 1.8% change. About 39.3% of households rent today, against 42.1% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 14.3% to 17.5%.

Community

Discussions about Wayne

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View Wayne rent history (2015–2026) →
Salary vs rent

Can you afford rent in Wayne on your salary?

At $1,166/mo, how Wayne rent compares to typical pay (30% rule).

By apartment size

Wayne rent by bedroom count

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

Local insights

Tips for renters in Wayne

About renting in Wayne, MI

Last updated: October 17, 2026

The median rent in Wayne is $1,166/mo as of October 2026. A studio apartment averages $830/mo while a 2-bedroom runs $1,170/mo. One-bedroom apartments average $920/mo and 3-bedroom units go for $1,440/mo.

At 24% of local median household income ($59,038/yr), Wayne ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Wayne?

To keep rent at or below 30% of gross income, you would need to earn at least $47,000/year (about $23/hour full-time) to afford the median rent of $1,166/mo in Wayne. The local median household income is $59,038/yr, so the typical household meets that bar.

Is rent going up or down in Wayne?

Rent in Wayne has risen 6.3% over the past year.

How does Wayne rent compare to other cities in Michigan?

Wayne is one of the more affordable among Michigan cities for rent, ranking #89 of 100 tracked cities at $1,166/mo. Over the year to September 2026, rent in Wayne changed +6.3%, against a typical +4.1% across the 79 Michigan cities Zillow tracks.
Income Affordability
24%
VERY AFFORDABLE

At $1,166/mo, rent takes ~24% of Wayne's median household income ($59,038/yr). The standard benchmark is 30%.

Wayne 24%Benchmark 30%
State income tax4.25%
Run the Wayne affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Wayne, MI

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