Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Chene area can be challenging. Home prices in Chene are now at a median cost of $64,195, lower than the Detroit average of $215,900.
The average cost of rent is $820/mo in Chene, primarily driven by the current value of real estate in the Chene area. While nearly 79.08% of residents own their homes outright in Chene, 48.76% rent.
Housing affordability isn’t just about home prices, though. The average household income in Chene is $2,820 per month. Households that rent pay about 29.07% of their income on rent here. Chene's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the neighborhood.
Nearby Neighborhoods
- Downtown Hamtramck, Hamtramck, MI: higher priced homes
- Airport, Detroit, MI: less expensive homes
- New Center, Detroit, MI: higher priced homes
- Buffalo Charles, Detroit, MI: equally priced homes
- Wayne State, Detroit, MI: higher priced homes
- Kettering-Butzel, Detroit, MI: less expensive homes
- Boston Edison, Detroit, MI: higher priced homes
- Midtown-Detroit, Detroit, MI: higher priced homes
- Durfee, Detroit, MI: higher priced homes
- Islandview, Detroit, MI: higher priced homes
Neighborhoods with Similar Populations
- Norton Commons, Prospect, KY: higher priced homes
- Urbanizacion El Valle At Los Prados, Caguas, PR: higher priced homes
- Salisbury Point, Amesbury Town, MA: higher priced homes
- Rothfield, Semmes, AL: higher priced homes
- Mount Pleasant Area, Mount Pleasant, NC: higher priced homes
- White Gables, Summerville, SC: higher priced homes
- Cadwalader-Hillcrest, Trenton, NJ: higher priced homes
- Carolina Heights, Wilmington, NC: higher priced homes
- Talus, Issaquah, WA: higher priced homes
- Rising Sun-Lebanon, Magnolia, DE: higher priced homes
All Local Stats
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