The Most Affordable Neighborhoods in Downtown Pittsfield, Ann Arbor, MI by Home Value

 

Downtown Pittsfield, Ann Arbor, MI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Downtown Pittsfield area can be challenging. Home prices in Downtown Pittsfield are now at a median cost of $337,981, lower than the Ann Arbor average of $492,573.

The average cost of rent is $1,579/mo in Downtown Pittsfield, primarily driven by the current value of real estate in the Downtown Pittsfield area. In Downtown Pittsfield, 63.36% of households rent, and 41.32% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Downtown Pittsfield is $6,511 per month. Households that rent pay about 24.24% of their income on rent here. Downtown Pittsfield’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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