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Affordable
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These days, finding an affordable place to live in the DeFord area can be challenging. Home prices in DeFord are now at a median cost of $176,375, lower than the Michigan average of $250,415.
The average cost of rent is $1,116/mo in DeFord, primarily driven by the current value of real estate in the DeFord area. In DeFord, 8.76% of households rent, and 48.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in DeFord is $5,404 per month. Households that rent pay about 20.66% of their income on rent here. DeFord’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Wilmot, MI: less expensive homes
- Cass City, MI: less expensive homes
- Hemans, MI: equally priced homes
- Wickware, MI: less expensive homes
- Shabbona, MI: less expensive homes
- Kingston, MI: less expensive homes
- Decker, MI: equally priced homes
- East Dayton, MI: equally priced homes
- Caro, MI: less expensive homes
- Colwood, MI: less expensive homes
Cities with Similar Populations
- Alda, NE: higher priced homes
- Alhambra, IL: higher priced homes
- Anita, IA: less expensive homes
- Nageezi, NM: less expensive homes
- Martins Mill, TX: higher priced homes
- Otwell, IN: equally priced homes
- Ramah, NM: less expensive homes
- Raymond, IL: less expensive homes
- Red Banks, MS: higher priced homes
- Rileyville, VA: higher priced homes
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