The Most Affordable Neighborhoods in Garden View, Detroit, MI by Home Value

 

Garden View, Detroit, MI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Garden View area can be challenging. Home prices in Garden View are now at a median cost of $49,831, lower than the Detroit average of $268,120.

The average cost of rent is $1,051/mo in Garden View, primarily driven by the current value of real estate in the Garden View area. In Garden View, 56.99% of households rent, and 91.13% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Garden View is $2,485 per month. Households that rent pay about 42.30% of their income on rent here. Garden View’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the neighborhood.

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


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