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Cost of Living in Roseville, MI

Population 47,123 · Census ACS 2020–2024 5-year estimates

Median rent$1,233
Median home value$155,800
Median household income$62,182

The median rent in Roseville, MI is $1,233/month, 9% higher than the Michigan median and 13% lower than the U.S. median. The median home value is $155,800, 53% lower than the national median. Households earn a median of $62,182 a year, 15% lower than the state median.

Affordability

Rent as a share of median income: 23.8%
Income needed for median rent (30% rule): $49,320/yr
Home price-to-income ratio: 2.5×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $788/mo

Run your own numbers: mortgage calculator · hourly to salary

Roseville vs. Michigan vs. U.S.

RosevilleMichiganU.S.
Median rent$1,233$1,129$1,413
Median home value$155,800$231,600$332,700
Median household income$62,182$72,875$80,734
Homeownership rate65.6%73.2%65.2%
Bachelor's degree or higher15.5%32.4%35.7%
Poverty rate12.5%13.2%12.5%
Unemployment rate6.7%5.7%5.2%
Work from home10.4%13.5%15.1%
Median age41.040.238.9

FAQ

What is the average rent in Roseville, MI?

The median gross rent in Roseville, MI is $1,233 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Roseville, MI?

Using the common 30% rule, renting a median-priced home takes about $49,320 a year in gross income.

Is Roseville, MI expensive to live in?

Rent there is 13% lower than the U.S. median, and the median home costs about 2.5 times the median household income.

Other cities in Michigan

Detroit, MIRent $1,074 · Income $39,938Grand Rapids, MIRent $1,266 · Income $69,108Warren, MIRent $1,225 · Income $64,016Sterling Heights, MIRent $1,292 · Income $79,909Ann Arbor, MIRent $1,649 · Income $82,212Lansing, MIRent $993 · Income $54,382

Cities with a similar cost of living

Socastee, SCRent $1,246 · Income $62,257Albany, NYRent $1,216 · Income $61,986Lancaster, PARent $1,240 · Income $63,690Selma, CARent $1,232 · Income $60,241Killeen, TXRent $1,208 · Income $60,977Harrisonburg, VARent $1,184 · Income $62,254

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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