Home Price Key
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These days, finding an affordable place to live in the Highland Park area can be challenging. Home prices in Highland Park are now at a median cost of $89,522, lower than the Michigan average of $196,062.
The average cost of rent is $777/mo in Highland Park, primarily driven by the current value of real estate in the Highland Park area. While nearly 67.50% of residents own their homes outright in Highland Park, 54.22% rent.
Housing affordability isn’t just about home prices, though. The average household income in Highland Park is $2,943 per month. Households that rent pay about 26.41% of their income on rent here. Highland Park's most expensive areas are in the western regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Detroit, MI: higher priced homes
- Hamtramck, MI: less expensive homes
- Hazel Park, MI: higher priced homes
- Ferndale, MI: higher priced homes
- Pleasant Ridge, MI: higher priced homes
- Oak Park, MI: higher priced homes
- Huntington Woods, MI: higher priced homes
- Center Line, MI: higher priced homes
- Madison Heights, MI: higher priced homes
- Warren, MI: higher priced homes
Cities with Similar Populations
- Plainview, TX: higher priced homes
- King George, VA: higher priced homes
- Kingsland, GA: higher priced homes
- Laguna Beach, CA: higher priced homes
- Lakeside, VA: higher priced homes
- Latham, NY: higher priced homes
- Laurinburg, NC: higher priced homes
- Lebanon, MO: higher priced homes
- Leesburg, GA: higher priced homes
- Lemont, IL: higher priced homes
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