The Most Affordable Neighborhoods in Core City, Detroit, MI by Home Value

 

Core City, Detroit, MI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Core City area can be challenging. Home prices in Core City are now at a median cost of $95,198, lower than the Detroit average of $268,120.

The average cost of rent is $927/mo in Core City, primarily driven by the current value of real estate in the Core City area. In Core City, 58.48% of households rent, and 86.17% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Core City is $2,651 per month. Households that rent pay about 34.97% of their income on rent here. Core City’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern 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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