The Most Affordable Neighborhoods in Davison, MI by Home Value

 

Davison, MI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Davison area can be challenging. Home prices in Davison are now at a median cost of $160,077, lower than the Michigan average of $196,062.

The average cost of rent is $752/mo in Davison, primarily driven by the current value of real estate in the Davison area. While nearly 38.59% of residents own their homes outright in Davison, 33.53% rent.

Housing affordability isn’t just about home prices, though. The average household income in Davison is $5,313 per month. Households that rent pay about 14.16% of their income on rent here. Davison's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.


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