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These days, finding an affordable place to live in the Deerfield area can be challenging. Home prices in Deerfield are now at a median cost of $210,377, lower than the Michigan average of $250,415.
The average cost of rent is $936/mo in Deerfield, primarily driven by the current value of real estate in the Deerfield area. In Deerfield, 14.45% of households rent, and 30.92% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Deerfield is $7,123 per month. Households that rent pay about 13.14% of their income on rent here. Deerfield’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Petersburg, MI: higher priced homes
- Blissfield, MI: less expensive homes
- Riga, MI: higher priced homes
- Ridgeway, MI: higher priced homes
- Britton, MI: equally priced homes
- Dundee, MI: higher priced homes
- Lulu, MI: higher priced homes
- Wellsville, MI: equally priced homes
- Palmyra, MI: equally priced homes
- Holloway, MI: higher priced homes
Cities with Similar Populations
- Worton, MD: higher priced homes
- Sherwood, MI: less expensive homes
- Stony, TX: higher priced homes
- Delaware City, DE: higher priced homes
- Superior, MT: higher priced homes
- Cope, SC: less expensive homes
- Collings Lakes, NJ: equally priced homes
- Cecil, GA: equally priced homes
- Cairo, IL: less expensive homes
- Ben Avon, PA: higher priced homes
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