Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Dearborn area can be challenging. Home prices in Dearborn are now at a median cost of $186,393, lower than the Michigan average of $196,062.
The average cost of rent is $1,152/mo in Dearborn, primarily driven by the current value of real estate in the Dearborn area. While nearly 54.40% of residents own their homes outright in Dearborn, 33.35% rent.
Housing affordability isn’t just about home prices, though. The average household income in Dearborn is $5,124 per month. Households that rent pay about 22.48% of their income on rent here. Dearborn's most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Melvindale, MI: less expensive homes
- Dearborn Heights, MI: less expensive homes
- Allen Park, MI: less expensive homes
- River Rouge, MI: less expensive homes
- Inkster, MI: less expensive homes
- Lincoln Park, MI: less expensive homes
- Ecorse, MI: less expensive homes
- Garden City, MI: less expensive homes
- Redford, MI: less expensive homes
- Taylor, MI: less expensive homes
Cities with Similar Populations
- Tallahassee, FL: equally priced homes
- Union City, CA: higher priced homes
- Toledo, OH: less expensive homes
- Terre Haute, IN: less expensive homes
- Troy, MI: higher priced homes
- Tulsa, OK: equally priced homes
- Tonawanda, NY: less expensive homes
- Tuscaloosa, AL: higher priced homes
- Tacoma, WA: higher priced homes
- Tulare, CA: higher priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood