The Most Affordable Neighborhoods in Level Park-Oak Park, MI by Home Value

 

Level Park-Oak Park, MI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Level Park-Oak Park area can be challenging. Home prices in Level Park-Oak Park are now at a median cost of $126,068, lower than the Michigan average of $196,062.

The average cost of rent is $759/mo in Level Park-Oak Park, primarily driven by the current value of real estate in the Level Park-Oak Park area. While nearly 39.95% of residents own their homes outright in Level Park-Oak Park, 3.69% rent.

Housing affordability isn’t just about home prices, though. The average household income in Level Park-Oak Park is $5,144 per month. Households that rent pay about 14.75% of their income on rent here. Level Park-Oak Park's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.


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