Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Grandmont-Rosedale area can be challenging. Home prices in Grandmont-Rosedale are now at a median cost of $127,567, lower than the Detroit average of $268,120.
The average cost of rent is $1,103/mo in Grandmont-Rosedale, primarily driven by the current value of real estate in the Grandmont-Rosedale area. In Grandmont-Rosedale, 41.68% of households rent, and 62.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Grandmont-Rosedale is $4,055 per month. Households that rent pay about 27.20% of their income on rent here. Grandmont-Rosedale’s most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Crary-St Marys, Detroit, MI: less expensive homes
- Schoolcraft Southfield, Detroit, MI: less expensive homes
- Belmont, Detroit, MI: less expensive homes
- Rosedale Park, Detroit, MI: higher priced homes
- North Rosedale Park, Detroit, MI: higher priced homes
- Grandale, Detroit, MI: less expensive homes
- Winship, Detroit, MI: less expensive homes
- Harmony Village, Detroit, MI: less expensive homes
- Brightmoor, Detroit, MI: less expensive homes
- Greenfield, Detroit, MI: less expensive homes
Neighborhoods with Similar Populations
- Alki, Seattle, WA: higher priced homes
- South Side, Bethlehem, PA: higher priced homes
- East Richmond, Richmond, CA: higher priced homes
- South Tabor, Portland, OR: higher priced homes
- South Winds, Oxnard, CA: higher priced homes
- South Central, Raleigh, NC: higher priced homes
- Sierra Springs, San Antonio, TX: higher priced homes
- The Lakes-Country Club, Spring Valley, NV: higher priced homes
- Scenic Heights, Arvada, CO: higher priced homes
- San Pablo Gateway, Oakland, CA: higher priced homes
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