The Most Affordable Neighborhoods in Chandler Park, Detroit, MI by Home Value

 

Chandler Park, Detroit, MI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Chandler Park area can be challenging. Home prices in Chandler Park are now at a median cost of $73,695, lower than the Detroit average of $268,120.

The average cost of rent is $1,261/mo in Chandler Park, primarily driven by the current value of real estate in the Chandler Park area. In Chandler Park, 47.06% of households rent, and 85.20% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Chandler Park is $3,541 per month. Households that rent pay about 35.62% of their income on rent here. Chandler Park’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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