The Most Affordable Neighborhoods in Brightmoor, Detroit, MI by Home Value

 

Brightmoor, Detroit, MI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Brightmoor area can be challenging. Home prices in Brightmoor are now at a median cost of $34,564, lower than the Detroit average of $215,900.

The average cost of rent is $861/mo in Brightmoor, primarily driven by the current value of real estate in the Brightmoor area. While nearly 74.90% of residents own their homes outright in Brightmoor, 51.64% rent.

Housing affordability isn’t just about home prices, though. The average household income in Brightmoor is $3,205 per month. Households that rent pay about 26.86% of their income on rent here. Brightmoor's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the neighborhood.


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