
Expensive
Colorblind friendly
off
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 $75,051, lower than the Detroit average of $268,120.
The average cost of rent is $1,235/mo in Michigan-Martin, primarily driven by the current value of real estate in the Michigan-Martin area. In Michigan-Martin, 38.83% of households rent, and 81.21% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Michigan-Martin is $3,281 per month. Households that rent pay about 37.66% of their income on rent here. Michigan-Martin’s most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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: less expensive 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
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- 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
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