Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Flat Rock Area area can be challenging. Home prices in Flat Rock Area are now at a median cost of $226,434, higher than the Flat Rock average of $222,229.
The average cost of rent is $1,020/mo in Flat Rock Area, primarily driven by the current value of real estate in the Flat Rock Area area. While nearly 29.26% of residents own their homes outright in Flat Rock Area, 20.57% rent.
Housing affordability isn’t just about home prices, though. The average household income in Flat Rock Area is $7,002 per month. Households that rent pay about 14.56% of their income on rent here. Flat Rock Area's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the neighborhood.
Nearby Neighborhoods
- Fordville, Southgate, MI: less expensive homes
- Downtown Wyandotte, Wyandotte, MI: less expensive homes
- Mount Carmel, Wyandotte, MI: less expensive homes
- Emmons Orchard, Lincoln Park, MI: less expensive homes
- Southwestern Outer Drive, Dearborn, MI: less expensive homes
- Snow Woods, Dearborn, MI: less expensive homes
- Boynton, Detroit, MI: less expensive homes
- West Downtown Dearborn, Dearborn, MI: less expensive homes
- Dearborn Hills, Dearborn, MI: higher priced homes
- East Downtown Dearborn, Dearborn, MI: less expensive homes
Neighborhoods with Similar Populations
- Whitestone, Queens, NY: higher priced homes
- Auburn Gresham, Chicago, IL: less expensive homes
- Whiskey Point, Chicago, IL: equally priced homes
- Baker-Zachary Area, Baker, LA: equally priced homes
- Bassickville Historic District, Bridgeport, CT: less expensive homes
- Belair-Edison, Baltimore, MD: less expensive homes
- Westside, Santa Cruz, CA: higher priced homes
- Bernal Heights, San Francisco, CA: higher priced homes
- Westlake-San Francisco, Daly City, CA: higher priced homes
- West Loch, Waipahu, HI: higher priced homes
All Local Stats
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