Housing data for Walled Lake, MI
Walled Lake, MI has an estimated 7,299 residents and 3,478 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a city in Oakland County.
37.8% of households rent.
The median gross rent is $1,419 a month.
Its population grew measurably since 2015–2019 (+1.8%).
Figures last updated on .
- Residents
- 7,299 (±28)
- Housing units
- 3,478 (±237)
- Households that rent
- 37.8%
- Median gross rent
- $1,419
- Residents since 2015–2019
- +1.8%
What stands out in Walled Lake
Homes in buildings of 5 or more units: 28.4% (±6.7 points) in Walled Lake, higher than in Oakland County (18.5%).
Median home value: $224,200 (±$17,802) in Walled Lake, lower than in Oakland County ($343,600).
Households that rent: 37.8% (±5.7 points) in Walled Lake, higher than in Oakland County (27.3%).
Median real estate taxes: $2,990 (±$416) in Walled Lake, lower than in Oakland County ($4,371).
- Types of homes in Walled Lake
- Home values in Walled Lake
- Renters and owners in Walled Lake
- Property taxes in Walled Lake
Housing in Walled Lake at a glance
- Median rent: $1,419 median gross rent a month
- Rent by bedrooms: $1,542 median gross rent, 2 bedrooms
- Rent burden: 55.0% of renters pay 30% or more of income
- Renters and owners: 37.8% of households rent
- Income and affordability: $72,055 median household income
- Home values: $224,200 median home value
- Homeowner costs: $1,634 median monthly cost with a mortgage
- Property taxes: $2,990 median real estate taxes a year
- Types of homes: 28.4% of homes are in buildings of 5 or more units
- Bedrooms: 37.0% of homes have 3 or more bedrooms
- Age of homes: 53.8% of homes were built before 1980
- Vacancy rate: 4.7% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 80.7% heat with utility gas
- Commute and cars: 23.5 minutes average trip to work
- Crime reported to police: 80 violent crimes per 100,000 residents
- Growth: +1.8% residents since 2015–2019
- How long people stay: 24.7% moved in since 2020
- Crowding and facilities: 0.6% of homes have more than 1 person per room
Walled Lake against Oakland County, its state and the nation
| Walled Lake | Oakland County | Michigan | United States | |
|---|---|---|---|---|
| Residents | 7,299 (±28) | 1,279,825 (exact) | 10,077,761 (exact) | 334,922,499 |
| Housing units | 3,478 (±237) | 561,348 (±263) | 4,622,236 (±795) | 143,775,355 |
| Households that rent | 37.8% (±5.7 points) | 27.3% (±0.4 points) | 26.8% (±0.2 points) | 34.8% |
| Median gross rent | $1,419 (±$183) | $1,376 (±$14) | $1,129 (±$4) | $1,413 |
| Median household income | $72,055 (±$10,108) | $97,760 (±$1,268) | $72,875 (±$293) | $80,734 |
| Median home value | $224,200 (±$17,802) | $343,600 (±$2,730) | $231,600 (±$642) | $332,700 |
| Median real estate taxes (a year) | $2,990 (±$416) | $4,371 (±$39) | $2,904 (±$9) | $3,119 |
| Built before 1980 | 53.8% (±8.4 points) | 58.1% (±0.7 points) | 62.1% (±0.2 points) | 49.7% |
| Average commute | 23.5 minutes (±2.2) | 25.8 minutes (±0.2) | 24.2 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 93.5% (±2.9 points) | 94.2% (±0.3 points) | 90.5% (±0.1 points) | 91.0% |
| Median age of residents | 40.4 years (±2.7) | 41.3 years (±0.1) | 40.2 years (±0.1) | 38.9 years |
Walled Lake covers 2.2 square miles of land, about 3,304 residents per square mile (Census Bureau Gazetteer).
How Walled Lake has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 7,173 (±22) | 7,299 (±28) | +1.8% | Measurable increase |
| Housing units | 3,713 (±192) | 3,478 (±237) | −6.3% | Not a measurable change |
| Median gross rent | $1,037 (±$34) | $1,419 (±$183) | +36.8% | No measurable change after inflation |
| Median home value | $146,900 (±$6,856) | $224,200 (±$17,802) | +52.6% | Up after inflation |
| Median household income | $52,313 (±$4,936) | $72,055 (±$10,108) | +37.7% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,223 (±$85) | $1,634 (±$180) | +33.6% | No measurable change after inflation |
| Median real estate taxes | $2,294 (±$156) | $2,990 (±$416) | +30.3% | No measurable change after inflation |
| Households that rent | 45.2% (±4.3 points) | 37.8% (±5.7 points) | −7.4 percentage points | Measurable decrease |
| Rental vacancy rate | 4.8% (±4.2 points) | 4.7% (±7.1 points) | −0.1 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Crime reported to police in Walled Lake
In 2025, the Walled Lake Police Department reported 80 violent and 603 property crimes per 100,000 residents to the FBI.
Across Oakland County, the departments that report recorded 178 violent and 789 property crimes per 100,000 residents that year.
ZIP codes in Walled Lake
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 48390 | 18% | 23,939 | $1,690 | $309,400 | $91,381 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Walled Lake
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Wolverine Lake | 1.3 mi | $2,051 | $288,000 | 23.6% |
| Commerce Charter Township | 2.8 mi | $2,005 | $365,700 | 11.8% |
| Wixom | 3.0 mi | $1,035 | $365,200 | 57.5% |
| Novi | 4.1 mi | $1,747 | $421,900 | 33.7% |
| West Bloomfield Charter Township | 4.9 mi | $2,031 | $426,200 | 16.4% |
| Novi Township | 5.6 mi | — | $585,900 | 1.2% |
| Farmington Hills | 6.1 mi | $1,551 | $354,500 | 35.3% |
| Orchard Lake Village | 6.3 mi | $936 | $737,000 | 3.0% |
Places in Michigan most like Walled Lake
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Ypsilanti Charter Township | $1,260 | $233,900 | $69,716 | 41.9% |
| Clinton Charter Township | $1,194 | $225,000 | $74,244 | 34.4% |
| Van Buren Charter Township | $1,230 | $269,700 | $78,230 | 35.5% |
| Bath | $1,268 | $205,800 | $60,417 | 37.9% |
| Kentwood | $1,260 | $268,200 | $74,373 | 38.7% |
| Haslett | $1,125 | $286,100 | $74,031 | 40.6% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Michigan.
HUD Fair Market Rent for Walled Lake, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,047 | $1,167 | $1,459 | $1,777 | $1,929 |
HUD income limits for Walled Lake, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $22,050 | $36,700 | $58,700 |
| 2 people | $25,200 | $41,950 | $67,100 |
| 3 people | $28,350 | $47,200 | $75,500 |
| 4 people | $33,000 | $52,400 | $83,850 |
| 5 people | $38,680 | $56,600 | $90,600 |
| 6 people | $44,360 | $60,800 | $97,300 |
| 7 people | $50,040 | $65,000 | $104,000 |
| 8 people | $55,720 | $69,200 | $110,700 |
These are the limits HUD sets for its housing programs in the Detroit-Warren-Livonia, MI HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $104,800.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Walled Lake
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Walled Lake beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Walled Lake, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Walled Lake, and send estimates and invoices from your phone.
Questions about Walled Lake
What is the average rent in Walled Lake, MI?
The Census Bureau publishes the median rather than the average: the median gross rent in Walled Lake is $1,419 (±$183) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much is a one-bedroom apartment in Walled Lake?
The median gross rent for a one-bedroom home in Walled Lake, MI is $1,020 (±$108) a month (2020–2024 American Community Survey).
Are renters in Walled Lake rent-burdened?
55.0% of renting households in Walled Lake pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in Walled Lake?
Walled Lake has an estimated 1,252 (±187) renting households, 37.8% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Walled Lake?
The median household income in Walled Lake is $72,055 (±$10,108) a year (2020–2024 American Community Survey).
What is the average home value in Walled Lake, MI?
The Census Bureau publishes the median: $224,200 (±$17,802) for owner-occupied homes in Walled Lake (2020–2024 American Community Survey).
Is Walled Lake growing?
In Walled Lake, the number of residents went from 7,173 in 2015–2019 to 7,299 in 2020–2024 (+1.8%), a measurable increase.
What ZIP codes are in Walled Lake?
The ZIP code that covers Walled Lake is 48390.
What is the median rent in ZIP code 48390?
The median gross rent in ZIP Code Tabulation Area 48390 is $1,690 (±$121) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Walled Lake city, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Walled Lake city, Michigan
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Walled Lake city, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Walled Lake city, Michigan
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Walled Lake city, Michigan
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Walled Lake city, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Walled Lake city, Michigan
- HUD Fair Market Rents, fiscal year 2027: Detroit-Warren-Livonia, MI HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Detroit-Warren-Livonia, MI HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- FBI Uniform Crime Reporting Program, Crime Data Explorer: Walled Lake Police Department (ORI MI6380400)
- FBI: Uniform Crime Reporting statistics and their proper use
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Walled Lake city, Michigan (place:83060, in state:26).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .