Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lincoln Park area can be challenging. Home prices in Lincoln Park are now at a median cost of $88,477, lower than the Michigan average of $196,062.
The average cost of rent is $983/mo in Lincoln Park, primarily driven by the current value of real estate in the Lincoln Park area. While nearly 51.03% of residents own their homes outright in Lincoln Park, 30.63% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lincoln Park is $4,194 per month. Households that rent pay about 23.43% of their income on rent here. Lincoln Park's most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Ecorse, MI: less expensive homes
- Allen Park, MI: higher priced homes
- Wyandotte, MI: higher priced homes
- Melvindale, MI: less expensive homes
- Southgate, MI: higher priced homes
- River Rouge, MI: less expensive homes
- Taylor, MI: higher priced homes
- Riverview, MI: higher priced homes
- Dearborn, MI: higher priced homes
- Dearborn Heights, MI: higher priced homes
Cities with Similar Populations
- Aventura, FL: higher priced homes
- Bartlesville, OK: higher priced homes
- Bartlett, IL: higher priced homes
- Bettendorf, IA: higher priced homes
- Beverly Hills, CA: higher priced homes
- Brownsburg, IN: higher priced homes
- Northbrook, IL: higher priced homes
- Royal Palm Beach, FL: higher priced homes
- Rockledge, FL: higher priced homes
- Ringgold, GA: higher priced homes
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