River Rouge, MI 48218 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

River Rouge, MI—48218

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$84,000

2.0% YoY Growth

Household Income

$32,700

20.9% YoY Growth

Days on Market

10.0% Longer YoY

Home Price Forecast

2.8%

Median Rent

$950

4.4% YoY Growth

1-Bed Rent

$800

25.0% YoY Growth

2-Bed Rent

$1,100

5.9% YoY Growth

3-Bed Rent

$1,200

30.0% YoY Growth

Home Price Trends — River Rouge, MI

As of Nov '25, the median home price in River Rouge, MI is $84,000, with a year-over-year change of 2.0%. This indicates that home prices in River Rouge, MI are increasing. According to Zillow, the 1-year price projection is 2.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$84,000	2.0%
Single Family	$84,000	1.2%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — River Rouge, MI

As of July '25, Rentcast reports the average rent in River Rouge, MI is $965, with a year-over-year rent change of 4.4%. Per bedroom, the median rent as of July '25 in River Rouge, MI is studios: $620, 1-bedrooms: $875, 2-bedrooms: $1,030, 3-bedrooms: $1,300. The most common rental property sizes in River Rouge, MI are 3-bedroom and 1-bedroom, accounting for 32.6% and 31.5% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$950	$965
Studio Rent	$550	$620
1 Bed Rent	$800	$875
2 Bed Rent	$1,100	$1,030
3 Bed Rent	$1,200	$1,300
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

5.7%

1 Bedroom

31.5%

2 Bedrooms

24.2%

3 Bedrooms

32.6%

4 Bedrooms

5.9%

Property Listings — River Rouge, MI

As of Nov '25, Realtor.com reports that the median days on market for a home in River Rouge, MI is 38. This is a increase of 10.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 37.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$100,000	29.0%
Listing Count	43	32.0%
Listings as % of Homes	0.5%	32.0%
Days on Market	38	10.0%

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Demographics — River Rouge, MI

As of the latest ACS Survey released in 2023, River Rouge, MI has a population of 7,100, which has decreased by -5.8% over the past 5 years. River Rouge, MI is a moderately popular place for families, as children make up 20.9% of the population. The area has a poorly educated workforce, with 7.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	7,100	-5.8%
% Under 18	20.9%	-11.1%
% Seniors	11.6%	-4.1%
% WFH	8.7%	58.2%
% w/ College Degree	7.1%	-21.1%

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As of the latest ACS Survey released in 2023, River Rouge, MI is a predominantly black area, with 44.8% of the population identifying as black. The black population has shrunk by 10.2% in the last 5 years. The second most common race or ethnicity in River Rouge, MI is white, making up 34.1% of the population. Foreign-born residents account for 6.5% of the population in River Rouge, MI, and this percentage has increased by 66.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	34.1%	-7.8%
% Black	44.8%	-10.2%
% Hispanic	15.6%	23.8%
% Asian	0.0%	N/A
% Foreign Born	6.5%	66.7%

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Mortgage and Risk — River Rouge, MI

According to HUD data as of 2023, there were 47 mortgage originations in River Rouge, MI, of which 62.0% of loans were conventional mortgages. The average loan-to-value was 82.0%, with 53.0% above 90% LTV (very high). This implies large mortgage risk in River Rouge, MI. Investor activity is low, as 4.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	47
% Conventional Loans	62.0%
% Government Loans	38.0%
% Investor Loans	4.0%
% Second Loans	0.0%
% Cash Out Refinance	6.0%

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Rentals and Section 8 — River Rouge, MI

River Rouge, MI lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	468
Total Units Section 8	114
% Rentals under Section 8	8.4%
% Occupied Section 8	84.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$120	$800	$920
2 Bedroom	$70	$1,100	$1,170
3 Bedroom	$240	$1,200	$1,440
4 Bedroom	N/A	N/A	$1,550

River Rouge, MI—48218

Key Metrics at a Glance

Home Price Trends — River Rouge, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — River Rouge, MI

% of Rental Stock

Property Listings — River Rouge, MI

Demographics — River Rouge, MI

Race and Ethnicity

Mortgage and Risk — River Rouge, MI

Mortgages

Rentals and Section 8 — River Rouge, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — River Rouge, MI

Home Price to Income Ratio

River Rouge, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Ecorse, MI

Boynton, Detroit, MI

Springwells, Detroit, MI

Melvindale, MI

Dearborn, MI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.1
Median Home Price	$84,000
Median Household Income	$32,700

River Rouge, MI—48218

Key Metrics at a Glance

Home Price Trends — River Rouge, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — River Rouge, MI

% of Rental Stock

Property Listings — River Rouge, MI

Demographics — River Rouge, MI

Race and Ethnicity

Mortgage and Risk — River Rouge, MI

Mortgages

Rentals and Section 8 — River Rouge, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — River Rouge, MI

Home Price to Income Ratio

River Rouge, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Ecorse, MI

Boynton, Detroit, MI

Springwells, Detroit, MI

Melvindale, MI

Dearborn, MI

Frequently Asked Questions

What is the average home price in River Rouge, MI 48218?

How have home prices in River Rouge, MI 48218 changed over the past year?

What is the home price projection for River Rouge, MI 48218?

What are the demographics of River Rouge, MI 48218?

How long does it take homes to sell in River Rouge, MI 48218?

What is the average rent price in River Rouge, MI 48218?