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Romulus, MI Home Values and Rents

The typical home value in Romulus is $203,564, 263rd highest of 442 cities and towns in Michigan. Median rent is $1,325 a month.

Typical home value
$203,564
263rd of 442 in MI
Median rent
$1,325/mo
Zillow observed rent
Price change, 1 year
+1.5%
Sep 2026
Homeownership
69.9%
MI: 73.2%

Home sale prices in the Detroit-Warren-Dearborn, MI area

Zillow median sale price, Sep 2026

$273,321+3.9% from a year earlier

Half of homes in the metro area sold for more and half for less. Zillow publishes sale prices for metro areas, not for single counties or cities.

Typical home value in Romulus

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodRomulus
Sep 2026$203,564
Dec 2025$201,952
Dec 2024$195,719
Dec 2023$184,057
Dec 2022$174,517
Dec 2021$162,765
Dec 2020$147,271
Dec 2019$133,152
Dec 2018$124,954
Dec 2017$111,717
Dec 2016$98,157
Dec 2015$88,891
Dec 2014$81,967
Dec 2013$73,974
Dec 2012$55,992

Over five years, Romulus prices changed +23.7%.

Source: Zillow Research · Last updated 09/01/2026

Home values by ZIP code

Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index

Swipe the table sideways to see more columns.

#ZIP codeMedian valueMedian rent1-year5-year
148174$162,100$1,058+2.0%+51.9%

Fair Market Rents, FY2027

HUD rent standard for Detroit-Warren-Livonia, MI HUD Metro FMR Area

MI rents
Unit sizeMonthly rentvs FY2026
Studio$1,047+3.8%
1 bedroom$1,167+4.0%
2 bedrooms$1,459+3.4%
3 bedrooms$1,777+3.1%
4 bedrooms$1,929+3.3%

Frequently asked questions

What is the typical home value in Romulus, MI?
The typical home value in Romulus is $203,564 (Zillow Home Value Index, Sep 2026). The Michigan median is $231,600.
How much is rent in Romulus?
The median rent in Romulus is $1,325 a month (Zillow Observed Rent Index). HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,459.
Are home prices going up in Romulus?
The typical home value in Romulus changed +1.5% over one year and +23.7% over five years, as of Sep 2026.
How does Romulus compare with the rest of Michigan?
Romulus has the 263rd highest median home value of 442 cities and towns with 1,000+ residents in Michigan.
Which ZIP code in Romulus has the highest home values?
ZIP code 48174 has the highest median home value at $162,100.