Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Dearborn Heights area can be challenging. Home prices in Dearborn Heights are now at a median cost of $154,942, lower than the Michigan average of $196,062.
The average cost of rent is $1,146/mo in Dearborn Heights, primarily driven by the current value of real estate in the Dearborn Heights area. While nearly 47.93% of residents own their homes outright in Dearborn Heights, 27.67% rent.
Housing affordability isn’t just about home prices, though. The average household income in Dearborn Heights is $4,834 per month. Households that rent pay about 23.71% of their income on rent here. Dearborn Heights's most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Inkster, MI: less expensive homes
- Garden City, MI: less expensive homes
- Dearborn, MI: higher priced homes
- Westland, MI: less expensive homes
- Melvindale, MI: less expensive homes
- Redford, MI: less expensive homes
- Allen Park, MI: equally priced homes
- Wayne, MI: less expensive homes
- Taylor, MI: less expensive homes
- Lincoln Park, MI: less expensive homes
Cities with Similar Populations
- Orland Park, IL: higher priced homes
- San Clemente, CA: higher priced homes
- Laguna Niguel, CA: higher priced homes
- Reston, VA: higher priced homes
- Pottstown, PA: higher priced homes
- Port Orange, FL: higher priced homes
- Rowlett, TX: higher priced homes
- Moore, OK: higher priced homes
- Midland, MI: equally priced homes
- Manhattan, KS: higher priced homes
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