
Home Price Key
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 $77,680, lower than the Detroit average of $215,900.
The average cost of rent is $971/mo in Martin Park, primarily driven by the current value of real estate in the Martin Park area. While nearly 60.85% of residents own their homes outright in Martin Park, 48.76% rent.
Housing affordability isn’t just about home prices, though. The average household income in Martin Park is $4,586 per month. Households that rent pay about 21.18% of their income on rent here. Martin Park's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the neighborhood.
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
All Local Stats
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