Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Michigan-Martin area can be challenging. Home prices in Michigan-Martin are now at a median cost of $43,819, lower than the Detroit average of $215,900.
The average cost of rent is $816/mo in Michigan-Martin, primarily driven by the current value of real estate in the Michigan-Martin area. While nearly 80.91% of residents own their homes outright in Michigan-Martin, 43.07% rent.
Housing affordability isn’t just about home prices, though. The average household income in Michigan-Martin is $2,898 per month. Households that rent pay about 28.17% of their income on rent here. Michigan-Martin's most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Nearby Neighborhoods
- Claytown, Detroit, MI: higher priced homes
- Southwest Detroit, Detroit, MI: higher priced homes
- Springwells, Detroit, MI: higher priced homes
- Core City, Detroit, MI: higher priced homes
- Midwest, Detroit, MI: less expensive homes
- Woodbridge, Detroit, MI: higher priced homes
- Hubbard-Richard, Detroit, MI: higher priced homes
- Tireman, Detroit, MI: equally priced homes
- Petosky-Otsego, Detroit, MI: less expensive homes
- East Downtown Dearborn, Dearborn, MI: higher priced homes
Neighborhoods with Similar Populations
- Lakewood Springs, Plano, IL: higher priced homes
- Southwood Valley, College Station, TX: higher priced homes
- Savannah, Sunrise, FL: higher priced homes
- Rodgers Forge, Towson, MD: higher priced homes
- Penrose, Arlington, VA: higher priced homes
- Northgate Sacramento, Sacramento, CA: higher priced homes
- Meadowbrook, Converse, TX: higher priced homes
- Lyon Park, Arlington, VA: higher priced homes
- Abram-Perezville, Mission, TX: higher priced homes
- Lockhill Estates, San Antonio, TX: higher priced homes
All Local Stats
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