The Most Affordable Neighborhoods in Jefferson Chalmers, Detroit, MI by Home Value

 

Jefferson Chalmers, Detroit, MI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Jefferson Chalmers area can be challenging. Home prices in Jefferson Chalmers are now at a median cost of $157,736, lower than the Detroit average of $215,900.

The average cost of rent is $839/mo in Jefferson Chalmers, primarily driven by the current value of real estate in the Jefferson Chalmers area. While nearly 64.75% of residents own their homes outright in Jefferson Chalmers, 53.61% rent.

Housing affordability isn’t just about home prices, though. The average household income in Jefferson Chalmers is $3,836 per month. Households that rent pay about 21.88% of their income on rent here. Jefferson Chalmers's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the neighborhood.


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