Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Downtown Hamtramck area can be challenging. Home prices in Downtown Hamtramck are now at a median cost of $74,887, higher than the Hamtramck average of $74,299.
The average cost of rent is $738/mo in Downtown Hamtramck, primarily driven by the current value of real estate in the Downtown Hamtramck area. While nearly 76.32% of residents own their homes outright in Downtown Hamtramck, 57.15% rent.
Housing affordability isn’t just about home prices, though. The average household income in Downtown Hamtramck is $2,326 per month. Households that rent pay about 31.73% of their income on rent here. Downtown Hamtramck's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Nearby Neighborhoods
- Chene, Detroit, MI: less expensive homes
- Buffalo Charles, Detroit, MI: less expensive homes
- Airport, Detroit, MI: less expensive homes
- New Center, Detroit, MI: higher priced homes
- Boston Edison, Detroit, MI: higher priced homes
- Wayne State, Detroit, MI: higher priced homes
- Kettering-Butzel, Detroit, MI: less expensive homes
- Durfee, Detroit, MI: higher priced homes
- State Fair-Nolan, Highland Park, MI: less expensive homes
- Kranz Woods, Detroit, MI: less expensive homes
Neighborhoods with Similar Populations
- Blanco Gardens, San Marcos, TX: higher priced homes
- Meredith Parkwood, Santa Ana, CA: higher priced homes
- Embrey Mill, Stafford, VA: higher priced homes
- Denver International Airport, Denver, CO: higher priced homes
- Downtown Chapel Hill, Chapel Hill, NC: higher priced homes
- Downtown Fargo, Fargo, ND: higher priced homes
- Villas at Norcross, Norcross, GA: higher priced homes
- Upper East Side, Milwaukee, WI: higher priced homes
- South Ruffner, Charleston, WV: higher priced homes
- Orchidlands Estates, Keaau, HI: higher priced homes
All Local Stats
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