Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Downtown Southfield area can be challenging. Home prices in Downtown Southfield are now at a median cost of $138,085, lower than the Southfield average of $173,782.
The average cost of rent is $1,179/mo in Downtown Southfield, primarily driven by the current value of real estate in the Downtown Southfield area. While nearly 21.02% of residents own their homes outright in Downtown Southfield, 69.11% rent.
Housing affordability isn’t just about home prices, though. The average household income in Downtown Southfield is $4,639 per month. Households that rent pay about 25.40% of their income on rent here. Downtown Southfield's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the neighborhood.
Nearby Neighborhoods
- O Hair Park, Detroit, MI: less expensive homes
- Greenfield, Detroit, MI: less expensive homes
- Pembroke, Detroit, MI: less expensive homes
- Evergreen, Detroit, MI: less expensive homes
- Winship, Detroit, MI: less expensive homes
- Eight Mile Wyoming, Detroit, MI: less expensive homes
- Berg-Lasher, Detroit, MI: less expensive homes
- North Rosedale Park, Detroit, MI: equally priced homes
- Bagley, Detroit, MI: less expensive homes
- Crary-St Marys, Detroit, MI: less expensive homes
Neighborhoods with Similar Populations
- Woods of Shavano, San Antonio, TX: higher priced homes
- Lockhill Estates, San Antonio, TX: higher priced homes
- Old City-Produce and Waterfront, Oakland, CA: higher priced homes
- Oakdale South, Charlotte, NC: higher priced homes
- North Shore Waialua, Waialua, HI: higher priced homes
- North Delridge, Seattle, WA: higher priced homes
- New Tampa, Tampa, FL: higher priced homes
- Near N Valley, Albuquerque, NM: higher priced homes
- Mission San Jose, San Antonio, TX: less expensive homes
- Michigan-Martin, Detroit, MI: less expensive homes
All Local Stats
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