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Oakland County, Michigan

Mortgage Broker in Rochester, MI

A Rochester mailing address covers far more ground than the City of Rochester. Samantha starts with the parcel, which decides the tax rate, the water source and the city rules, then shops your loan across multiple wholesale lenders.

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Buying a home in Rochester

Rochester is a small Oakland County city of about 6,100 homes around its Main Street downtown, and the Rochester 48307 and 48306 mailing addresses reach well past it into Rochester Hills and Oakland Township. Ascension Providence Rochester Hospital is inside the city, and Oakland University sits in neighboring Rochester Hills and Auburn Hills. The Paint Creek rail trail starts downtown, the Clinton River Trail reopened in October 2026, and the Big, Bright Light Show runs downtown from November 23 through January 17, 2027. The Census owner median for homes inside the city is $473,200.

By the numbers

Rochester housing and mortgage snapshot

Values move. Treat these as orientation and let us pull current figures for the address you are considering.

$470,000

Typical home value, from the market research on this page

+28%

Typical rise in taxable value the year after a home sells, 2026 Uncapping Study

1.14%

Property tax current owners pay, as a share of value. A buyer's bill can reset higher the year after a sale

2

Residential ZIP codes: 48307, 48306

What financing looks like in Rochester

Redfin's Rochester figures for the three months ending September 2026 put the median sale near $590,000, with homes selling at a little under list price in about 13 days, against 18 a year earlier. The Census Bureau's owner median for the city is $473,200, and downtown condos and the older streets still trade well below the subdivisions east of Main Street. For 2026 the conforming limit is $832,750 and FHA's Oakland County limit is $541,287, and the amount you borrow, not the price, is what each limit measures.

The parcel shapes the loan as much as the price does. About a third of the city's homes are in buildings of five or more units, so plenty of buyers here are financing a condo, and the lender reviews the association's budget, insurance and owner share along with your file. Check the FEMA flood map for the address, since a lender requires flood insurance when the building itself is in a high-risk zone. First-time buyers within MSHDA's income limits can pair a MI Home Loan with the MI 10K, $10,000 toward the purchase, repaid when you sell, refinance, pay off the loan or stop living in the home. The MI Home Loan price cap is $566,355, which leaves out a good share of Rochester's market.

A Rochester address is not always a Rochester tax bill: ZIP codes 48306 and 48307 hold about 30,000 homes, and only about 6,100 of them are inside the City of Rochester, where the 2025 homestead rate was 32.42 mills.

The market

The Rochester housing market

Redfin's figures for the 48307 ZIP code as a whole, most of it in Rochester Hills, show a median sale near $437,000 for the three months ending September 2026, down 1.7% from a year earlier. Inside the city, homes sold in about 13 days over the same three months, by Redfin's count. The city mixes condos and apartments near Main Street with older houses north and west of downtown and newer subdivisions to the east. Ask early which city a listing is actually in, because the tax rate follows the city line, not the mailing address.

City or mailing address

What the City of Rochester line decides

Most homes with a Rochester mailing address are in Rochester Hills, Oakland Township or Shelby Township. These are the parts of owning one that the city line changes.

Tax rate

A city homestead paid 32.42 mills in 2025. The same school district on the Rochester Hills side paid 30.86, and in Oakland Township 24.68.

Assessing and billing

Rochester Hills assesses city parcels under contract, and the city's own Finance and Treasury Department sends and collects the tax bills.

Water

The city runs two systems, Great Lakes Water Authority water on the east side and city wells off North Livernois Road on the west, billed quarterly.

Rentals

Rental homes register with the city and are inspected through the Fire Department's Code Compliance Division.

Snow and sidewalks

Owners clear three inches or more from adjoining sidewalks within 24 hours, or the city can clear it at the owner's cost.

Mailing ZIP

About 5,600 city homes get 48307 mail and about 500 in the northeast corner get 48306, by the 2020 Census block count.

Where to look

Rochester neighborhoods

North Hill and the Paint Creek Trail

The oldest corner of the city, north of University Drive and west of Main: North Hill Circle, Woodward Avenue, Wilcox, Albertson, Ludlow, Griggs, Drace and Scott streets, with City Hall on Sixth Street and the Paint Creek Trail along the west edge. About 394 homes, nearly all detached and owner-occupied, and about 205 of them built before 1950, which makes 1949 the median build year. Census owner values sit near $454,800, with a margin of about $105,000.

West Third, Fourth and Walnut Boulevard

The blocks just west of downtown between the Clinton River Trail and University Drive: Walnut Boulevard, Wilcox, Pine, Oak, Campbell, Hacker, Harrison, Elm and Fraser streets and the numbered streets from Second to Fourth. About 446 homes, and renters outnumber owners about 269 to 106, with about 148 homes in buildings of 10 to 19 units. Owner values near $429,400 carry a margin above $140,000, so read them loosely. Pine, Oak, West Fourth and West Third are the streets where residents can get city parking permits.

Alice, Helen and Castell avenues

West of the older core toward Walton Boulevard: the North and South Alice, Helen and Castell avenues, Taylor, Wesley, May, Fairview, Renshaw and Peach, and Roselawn Drive. About 455 homes, about 433 of them detached, and about 113 built before 1940 alongside newer infill from the 2000s and 2010s. Owner values near $421,800, median build year 1967.

Hemlock, Aspen and Ironwood off Great Oaks Boulevard

The northwest edge of the city around Great Oaks Boulevard, Hemlock Drive, Aspen Drive, Ironwood and Oakwood. Most of its roughly 934 homes are apartments and condos from the 1960s through the 1980s, about 819 renter households against about 115 owners, so the Census owner value of $451,000 rests on very few homes. A buyer here is usually looking at an attached unit and an association.

Northwood, Maywood and Linwood

North of downtown off Romeo Road and High Street: Northwood, Maywood, Linwood, Highland, Mahaffey, Terry and Inglewood avenues, plus Catalpa, Sycamore and Maple drives and Krista Lane. About 397 homes, almost every one a detached, owner-occupied house, many from the 1940s and 1950s with newer rebuilds mixed in. Owner values near $513,700, median build year 1962.

Stony Creek Drive and Stony Pointe

Northeast of downtown toward Parkdale Road: Stony Creek Drive, Pebble Creek, Pebble Ridge and Pebble Pointe, Stony Pointe and Pointe Place boulevards, Creek View, Kentfield and Churchill Circle. About 473 homes, about 423 owner-occupied, mostly built in the 1980s and 1990s, with about 41 attached homes. Owner values near $478,700, though the margin is wide, about $135,000.

East of Main: Olde Towne, Charles Road and Rewold Drive

The blocks east of Main Street around East University Drive: Olde Towne Road, Charles Road, William Road, Rewold Drive, Meadow Lane, Lounsbury Avenue and East, Hill and Water streets. About 684 homes, many built in the 1950s and 1960s, with about 300 in buildings of five or more units. Owner values near $410,600, median build year 1965.

Bloomer Road, River Mist and South Street

The south side along the Clinton River and its trail: South Street, River Mist Drive, Bloomer Road and Bloomer Ridge, Jacob Way, Green Circle, Baldwin Avenue and Letica Drive, the city's largest block group at about 0.8 square miles. About 716 homes, more rented than owned, many of them condos and apartments from the 1990s and 2000s. The Census owner value near $170,300 carries a margin near $79,000 and mostly reflects condos.

Ramblewood, Springview and Autumnview

East of Parkdale Road toward Washington Road: Ramblewood Drive and Boulevard, Springview, Autumnview, Hollow Corners, Pondside, Carriage Way, Sunview and Loggers Circle. About 239 homes, every one a detached, owner-occupied house in the Census estimate, most built in the 1990s. Owner values near $717,700, well above the city median of $473,200.

Tulberry, Dunham and Miners Run

The northeast corner off Washington and Runyon roads: Tulberry Drive and Circle, Dunham, Welland, Werth, Catlin, Miners Run, Terra Lane, Copper Circle and Garnet Court. This is the part of the city that carries a 48306 mailing ZIP, about 492 homes in the 2020 count. All owner-occupied, about 112 of them attached, and most built in the late 1990s and 2000s. Owner values near $576,600, with one of the tighter margins on this page, about $29,000.

Rock Valley, Wyngate and Beaver Creek

The southeast corner toward Dequindre Road, where Stony Creek meets the Clinton River: Rock Valley Drive, Wyngate, Chase, Cloverdale, Flagstone, Beaver Creek, Ring Neck and Snowy Owl, with the Clinton River Trail along the south. About 685 homes, a mix of about 274 detached houses, 201 attached homes and condo buildings, nearly all from the 1990s and 2000s. Owner values near $405,100 carry a very wide margin.

Schools and commute

Schools

Every home in the City of Rochester is in Rochester Community School District. The Census Bureau's district map puts all of the city's roughly 6,100 homes inside it, so the school line is not the question here that it is in some neighboring townships. The district reaches well past the city, into Rochester Hills, Oakland Township and parts of Auburn Hills and Orion, Shelby and Washington townships, and what changes across those lines is the unit that taxes the home. Michigan Treasury's 2025 table puts the district's homestead total at 32.42 mills in the city, 30.86 in Rochester Hills, 29.23 in Orion Township, 28.55 in Shelby Township and 24.68 in Oakland Township. The parcel record, not the school field on a listing, shows which rate applies.

Commute

Main Street carries M-150 through downtown, and University Drive and Walton Boulevard run west toward Auburn Hills. From City Hall at 400 Sixth Street, free-flow drive times are about 3 minutes to Ascension Providence Rochester Hospital on West University Drive, about 11 minutes to Oakland University and to FANUC America's Hamlin Road campus, about 15 to Stellantis headquarters in Auburn Hills and about 18 to the Big Beaver Road offices in Troy. The GM Technical Center in Warren is about 29 minutes, downtown Detroit about 39 minutes and 27 miles, and Detroit Metro Airport about an hour, all longer at rush hour. The Paint Creek Trail and the Clinton River Trail meet downtown, and the city reopened the Clinton River Trail from the Letica Trailhead east to Dequindre Road with a ribbon cutting on October 16, 2026.

Michigan property taxes

Rochester property taxes after you buy

The year after a Michigan home sells, its taxable value resets to half of the assessor's market value, so the seller's tax bill is not your tax bill.

In the City of Rochester, our 2026 Uncapping Study found taxable value typically rises about 28% the year after a sale. On a $475,000 home, near the typical Rochester value, the first-year tax goes up roughly $1,700 at the Rochester schools rate. We build your payment on that post-sale number.

Looking at a Rochester address? Our Michigan property tax calculator finds that property's published 2025 millage and works out the tax to plan for after you buy.

In Samantha's words

Don't build your budget around somebody else's tax bill. The seller's tax history tells us something about the property. It does not automatically tell us what your taxes are going to look like as the new owner.

2025 homestead millage

Rochester school district rates by community

Michigan Treasury's 2025 totals for Rochester Community School District homes in each community it serves. One mill is $1 a year for each $1,000 of taxable value.

City of Rochester: 32.42

About $3,242 a year for each $100,000 of taxable value. The district's Auburn Hills corner is slightly higher, at 32.65.

Rochester Hills: 30.86

About $157 a year less per $100,000 than the city.

Orion Township: 29.23

The district's corner of Orion Township, about $319 less per $100,000 than the city.

Shelby Township: 28.55

The Macomb County side, about $387 less per $100,000 than the city.

Oakland Township: 24.68

About $774 less a year per $100,000 than the city.

City rental or second home: 50.42

A home that is not your principal residence also pays school operating millage, about $1,800 more per $100,000.

Local resources

Check Rochester records yourself

The official offices behind the tax and school details on this page.

Before you write an offer

Things to settle on a Rochester house

These come up on purchases inside the city, and each is easier to settle while the price and terms are still open.

  • City or not. Confirm on the tax record that the parcel is in the City of Rochester. The rate, the water and the rules follow the parcel, not the mailing address.
  • Well water or Great Lakes water. Ask which system serves the house, and on the well side whether it has a softener.
  • The final water bill. Have the seller request a final reading from City Hall's water clerk so the quarterly bill is settled at closing.
  • The condo association. For a condo, get the budget, reserves, insurance and any leasing limits early, since the lender reviews them too.
  • The flood map. Look up the building on the FEMA flood map and price any required insurance during your inspection period.
  • An older house. On the streets north and west of downtown, many homes were built before 1950, so leave inspection time for wiring, plumbing, foundations and old additions.
  • Rental plans. If you plan to rent it out, budget for the city's registration and inspection.

What our clients say

5.0 on Google across 128 reviews

★★★★★
Samantha Shelton is amazing!! She helped me get into my first home in Ferndale. The closing process was easy I was able to take care of everything without taking a day off of work. Being a first time homebuyer was stressful but she provided clear communication and true experience guidance throughout the entire process
Jeffery HolleyFebruary 2026
★★★★★
Can’t say enough great things about Samantha and her team at Align Lending! Highly recommend
Justin BartonJune 2024
★★★★★
As a first-time homebuyer in Ferndale, I was unsure of some things. Samantha was awesome. She was extremely helpful and made sure I understood every part of the process.
Peter RosaAugust 2026
★★★★★
Want to shout out Samantha for the expert guidance, made my first-time homebuyer experience seamless! It exceeded expectations and was a stress free process throughout. Grateful for all your help and loving my new home in Bloomfield Hills!
MichaelJuly 2026

Individual experiences. Results vary.

Rochester mortgage questions

If yours is not here, ask it on the call. There are no dumb questions.

My listing says Rochester. Is the home in the City of Rochester?

Often it is not. ZIP codes 48306 and 48307 hold about 30,000 homes, and the Census Bureau counted about 6,100 inside the city in 2020. The Census geocoder places 1250 Tulberry Cir, Rochester 48306 inside the city, while 1000 Tienken Ct, Rochester 48306 and 1500 S Rochester Rd, Rochester 48307 are in Rochester Hills. The tax record names the city or township that taxes the parcel, and that decides the millage, the water source and the local rules.

Redfin’s median for the three months ending September 2026 was near $590,000, with homes selling in about 13 days against 18 a year earlier. The Census owner median is $473,200, and condos near downtown and the river sell well below either figure.

Michigan Treasury’s 2025 homestead total for the city was 32.4246 mills, and a rental or second home paid 50.4246, about $1,800 more a year on each $100,000 of taxable value. The city’s Finance and Treasury Department, 248-733-3700, collects the bill for the city and for Rochester Community Schools, Oakland Schools, Oakland Community College, the state education tax, Oakland County and the Older Persons’ Commission.

The City of Rochester contracts its assessing to the City of Rochester Hills. Call Rochester Hills Assessing at 248-656-4600 and ask for the City of Rochester Assessor. The city holds Boards of Review in March, July and December, and the July and December sessions handle changes such as uncapping and homestead status.

It depends on the side of the city. The city runs two water systems: the eastern half is on Great Lakes Water Authority water, and a city well field off North Livernois Road serves the western half. The city puts the well water’s hardness at 19 grains, so ask whether the house has a softener. Water and sewer bills come every quarter, and before closing the seller can ask City Hall’s water clerk for a final bill at 248-733-3700.

It depends on where the building sits. Check the address on FEMA’s Flood Map Service Center before you write the offer: if the building itself is in a high-risk zone, the lender will require flood insurance, and you can price the policy during your inspection period.

Rentals go through the city’s rental registration and inspection program, run by the Rochester Fire Department’s Code Compliance Division at 248-841-1439. If rental income is part of your plan, register the unit and check the condo association’s own leasing rules before you count on it.

A few things come with the location. Residents of Pine, Oak, West Fourth and West Third streets can get city parking permits. The city code makes owners clear three inches or more of snow from adjoining sidewalks within 24 hours, with fines up to $500. And the Big, Bright Light Show covers the downtown buildings in more than 1.5 million lights every evening from November 23 through January 17, 2027, which brings crowds and traffic to the blocks around Main Street.

Talk with a local mortgage expert

Tell Samantha what you are trying to do in Rochester and she will tell you what actually matters for your situation, including whether the timing is right.

  1. 1

    Tell us what you are trying to do

    Not what product you want. What you are actually trying to accomplish.

  2. 2

    Samantha looks at your situation

    She works out what matters most for you specifically.

  3. 3

    You leave with a plan

    Your options, the tradeoffs, and your next step. No obligation to go further.

Align Lending LLC, NMLS #2041154. Samantha Shelton, NMLS 1647301. Equal Housing Opportunity. Licensed in Michigan, Ohio, North Carolina, Florida, Louisiana and Texas. Figures on this page are market research for orientation, not a quote. This page is for educational purposes only. It is not a credit decision, a preapproval, a commitment to lend, or an offer of credit.

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