The Most Affordable Neighborhoods in East Dayton, MI by Home Value

 

East Dayton, MI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the East Dayton area can be challenging. Home prices in East Dayton are now at a median cost of $172,891, lower than the Michigan average of $250,415.

The average cost of rent is $1,183/mo in East Dayton, primarily driven by the current value of real estate in the East Dayton area. In East Dayton, 8.82% of households rent, and 51.26% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in East Dayton is $5,445 per month. Households that rent pay about 21.72% of their income on rent here. East Dayton’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.

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


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