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These days, finding an affordable place to live in the Beverly Hills area can be challenging. Home prices in Beverly Hills are now at a median cost of $528,696, higher than the Michigan average of $250,415.
The average cost of rent is $2,211/mo in Beverly Hills, primarily driven by the current value of real estate in the Beverly Hills area. In Beverly Hills, 5.32% of households rent, and 34.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Beverly Hills is $14,668 per month. Households that rent pay about 15.07% of their income on rent here. Beverly Hills’s most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Birmingham, MI: higher priced homes
- Bingham Farms, MI: equally priced homes
- Lathrup Village, MI: less expensive homes
- Southfield, MI: less expensive homes
- Berkley, MI: less expensive homes
- Franklin, MI: higher priced homes
- Bloomfield Hills, MI: higher priced homes
- Huntington Woods, MI: equally priced homes
- Royal Oak, MI: less expensive homes
- Clawson, MI: less expensive homes
Cities with Similar Populations
- Elma, NY: less expensive homes
- Dos Palos, CA: less expensive homes
- Dudley, NC: less expensive homes
- Duncansville, PA: less expensive homes
- Timberlake, VA: less expensive homes
- East Franklin, NJ: less expensive homes
- East Grand Forks, MN: less expensive homes
- East Greenbush, NY: less expensive homes
- Economy, PA: less expensive homes
- Woodbine, MD: higher priced homes
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