Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Flat Rock area can be challenging. Home prices in Flat Rock are now at a median cost of $222,229, higher than the Michigan average of $196,062.
The average cost of rent is $1,032/mo in Flat Rock, primarily driven by the current value of real estate in the Flat Rock area. While nearly 29.98% of residents own their homes outright in Flat Rock, 21.63% rent.
Housing affordability isn’t just about home prices, though. The average household income in Flat Rock is $6,731 per month. Households that rent pay about 15.33% of their income on rent here. Flat Rock's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Woodhaven, MI: less expensive homes
- Trenton, MI: less expensive homes
- South Rockwood, MI: less expensive homes
- Rockwood, MI: less expensive homes
- Gibraltar, MI: equally priced homes
- Waltz, MI: higher priced homes
- New Boston, MI: higher priced homes
- Riverview, MI: less expensive homes
- Carleton, MI: equally priced homes
- Grosse Ile, MI: higher priced homes
Cities with Similar Populations
- Radcliff, KY: less expensive homes
- Keene, NH: less expensive homes
- Kennett Square, PA: higher priced homes
- Laurinburg, NC: less expensive homes
- Little River, SC: equally priced homes
- Lorton, VA: higher priced homes
- Maple Heights, OH: less expensive homes
- Pascagoula, MS: less expensive homes
- Pecan Grove, TX: higher priced homes
- Piqua, OH: less expensive homes
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