Affordable
Expensive
Expensive
Colorblind friendly
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These days, finding an affordable place to live in the Martin Park area can be challenging. Home prices in Martin Park are now at a median cost of $116,105, lower than the Detroit average of $268,120.
The average cost of rent is $1,312/mo in Martin Park, primarily driven by the current value of real estate in the Martin Park area. In Martin Park, 47.54% of households rent, and 55.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Martin Park is $5,208 per month. Households that rent pay about 25.18% of their income on rent here. Martin Park’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Fitzgerald, Detroit, MI: less expensive homes
- Bagley, Detroit, MI: higher priced homes
- Russell Woods, Detroit, MI: equally priced homes
- Harmony Village, Detroit, MI: less expensive homes
- Winter Halter, Detroit, MI: less expensive homes
- Durfee, Detroit, MI: higher priced homes
- Eight Mile Wyoming, Detroit, MI: less expensive homes
- Pembroke, Detroit, MI: less expensive homes
- State Fair-Nolan, Highland Park, MI: less expensive homes
- MacKenzie, Detroit, MI: less expensive homes
Neighborhoods with Similar Populations
- Seven Oaks at Grand Island, Bakersfield, CA: higher priced homes
- Petersburg, Scranton, PA: higher priced homes
- Raleigh West, Beaverton, OR: higher priced homes
- Rancho San Joaquin, Irvine, CA: higher priced homes
- Reed, Portland, OR: higher priced homes
- Regency, Pueblo, CO: higher priced homes
- Rittersville, Allentown, PA: higher priced homes
- Riverside-Everett, Everett, WA: higher priced homes
- Riverview-Santa Ana, Santa Ana, CA: higher priced homes
- Rock Creek, Cypress, TX: higher priced homes
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