Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Dearborn Hills area can be challenging. Home prices in Dearborn Hills are now at a median cost of $264,688, higher than the Dearborn average of $186,393.
The average cost of rent is $1,160/mo in Dearborn Hills, primarily driven by the current value of real estate in the Dearborn Hills area. While nearly 35.51% of residents own their homes outright in Dearborn Hills, 4.24% rent.
Housing affordability isn’t just about home prices, though. The average household income in Dearborn Hills is $9,094 per month. Households that rent pay about 12.76% of their income on rent here. Dearborn Hills's most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Nearby Neighborhoods
- West Downtown Dearborn, Dearborn, MI: less expensive homes
- Southwestern Outer Drive, Dearborn, MI: less expensive homes
- Park, Redford, MI: less expensive homes
- Warrendale, Detroit, MI: less expensive homes
- Snow Woods, Dearborn, MI: less expensive homes
- Garden View, Detroit, MI: less expensive homes
- Weatherby, Detroit, MI: less expensive homes
- Franklin Park, Detroit, MI: less expensive homes
- Castle Rouge, Detroit, MI: less expensive homes
- East Downtown Dearborn, Dearborn, MI: less expensive homes
Neighborhoods with Similar Populations
- Indian Springs, The Woodlands, TX: higher priced homes
- Rancho El Dorado, Silver Bell, AZ: equally priced homes
- Pocono Farms, Tobyhanna, PA: less expensive homes
- Plum Orchard, New Orleans, LA: less expensive homes
- Oakhurst, Decatur, GA: higher priced homes
- Nashua Historic District, Nashua, NH: equally priced homes
- Meredith, Des Moines, IA: less expensive homes
- Knollwood, Kalamazoo, MI: less expensive homes
- Kilbourn Town, Milwaukee, WI: less expensive homes
- Kenawood-Rockwood, Lexington, KY: less expensive homes
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