Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the East Downtown Dearborn area can be challenging. Home prices in East Downtown Dearborn are now at a median cost of $166,886, lower than the Dearborn average of $186,393.
The average cost of rent is $921/mo in East Downtown Dearborn, primarily driven by the current value of real estate in the East Downtown Dearborn area. While nearly 65.17% of residents own their homes outright in East Downtown Dearborn, 54.86% rent.
Housing affordability isn’t just about home prices, though. The average household income in East Downtown Dearborn is $3,017 per month. Households that rent pay about 30.52% of their income on rent here. East Downtown Dearborn's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the neighborhood.
Nearby Neighborhoods
- Claytown, Detroit, MI: less expensive homes
- Aviation, Detroit, MI: less expensive homes
- Springwells, Detroit, MI: less expensive homes
- Garden View, Detroit, MI: less expensive homes
- Michigan-Martin, Detroit, MI: less expensive homes
- Fishkorn, Detroit, MI: less expensive homes
- Barton-McFarland, Detroit, MI: less expensive homes
- Warrendale, Detroit, MI: less expensive homes
- Tireman, Detroit, MI: less expensive homes
- Midwest, Detroit, MI: less expensive homes
Neighborhoods with Similar Populations
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- Carson Square, Indianapolis, IN: less expensive homes
- Villa de Loiza, Rio Grande, PR: less expensive homes
- Ventura, San Antonio, TX: equally priced homes
- Vancouver Heights, Vancouver, WA: higher priced homes
- Urbanizacion Las Lomas, San Juan, PR: less expensive homes
- Cotswold, Charlotte, NC: higher priced homes
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