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 $267,755, lower than the Ann Arbor average of $396,799.

The average cost of rent is $1,250/mo in Downtown Pittsfield, primarily driven by the current value of real estate in the Downtown Pittsfield area. While nearly 58.82% of residents own their homes outright in Downtown Pittsfield, 65.84% rent.

Housing affordability isn’t just about home prices, though. The average household income in Downtown Pittsfield is $5,281 per month. Households that rent pay about 23.67% of their income on rent here. Downtown Pittsfield's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the neighborhood.


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