Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Madison Heights area can be challenging. Home prices in Madison Heights are now at a median cost of $771,703, lower than the Pasadena average of $890,533.
The average cost of rent is $2,076/mo in Madison Heights, primarily driven by the current value of real estate in the Madison Heights area. While nearly 24.76% of residents own their homes outright in Madison Heights, 59.80% rent.
Housing affordability isn’t just about home prices, though. The average household income in Madison Heights is $8,940 per month. Households that rent pay about 23.22% of their income on rent here. Madison Heights's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Nearby Neighborhoods
- South Arroyo, Pasadena, CA: higher priced homes
- West Central, Pasadena, CA: equally priced homes
- Mid Central, Pasadena, CA: equally priced homes
- South East, Pasadena, CA: higher priced homes
- North Central, Pasadena, CA: less expensive homes
- Normandie Heights, Pasadena, CA: equally priced homes
- East Central, Pasadena, CA: higher priced homes
- North Arroyo, Pasadena, CA: higher priced homes
- Highland Park, Los Angeles, CA: equally priced homes
- Eagle Rock, Los Angeles, CA: higher priced homes
Neighborhoods with Similar Populations
- Bayless Atkins, Lubbock, TX: less expensive homes
- South San Pedro, Albuquerque, NM: less expensive homes
- Franklin Randolph, Boise, ID: less expensive homes
- Hill East, Washington, DC: equally priced homes
- Lincoln Park, Washington, DC: higher priced homes
- Mount Hope, San Diego, CA: less expensive homes
- North Omaha, Omaha, NE: less expensive homes
- Panther Creek, The Woodlands, TX: less expensive homes
- Park Avenue, Rochester, NY: less expensive homes
- Park Central Area, Abilene, TX: less expensive homes
All Local Stats
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