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Auburn Hills

Learn about the people, housing, costs and businesses in Auburn Hills, Michigan

Median Home$252,686
Median Rent$1,606/month
Population25,445
Leading IndustriesRetail · Healthcare · Arts, Food & Hospitality24% retail
Home Value Growth⬆⬆+13.2% over 2 years
Young Adults46% of residentstop 1% nationally
Homeowners51% of occupied units
NotableAmenity Score74/100 · highly walkable area
NotableHighly Educated28% bachelor's · 15% graduate · top 12% nationally
Auburn Hills
MI

Frequently Asked Questions

What are today's mortgage rates in Auburn Hills?

As of today, the 30-year fixed mortgage rate for Auburn Hills is approximately 6.997% (7.037% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Auburn Hills?

The median home value in Auburn Hills is $253k. The median monthly rent is $1,606. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Auburn Hills?

Home values in Auburn Hills have increased 13.2% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Auburn Hills?

Based on a typical all-in ownership cost of $1,423/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $61k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Auburn Hills is $86k/year.

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What industries drive the economy in Auburn Hills?

The largest employment sectors in Auburn Hills are retail (24%) and public administration (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.