Affordable
Expensive
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These days, finding an affordable place to live in the Midtown-Detroit area can be challenging. Home prices in Midtown-Detroit are now at a median cost of $413,391, higher than the Detroit average of $268,120.
The average cost of rent is $1,058/mo in Midtown-Detroit, primarily driven by the current value of real estate in the Midtown-Detroit area. In Midtown-Detroit, 86.38% of households rent, and 59.47% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Midtown-Detroit is $3,480 per month. Households that rent pay about 30.40% of their income on rent here. Midtown-Detroit’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Wayne State, Detroit, MI: equally priced homes
- Downtown Detroit, Detroit, MI: higher priced homes
- Lafayette Park, Detroit, MI: less expensive homes
- Woodbridge, Detroit, MI: less expensive homes
- Core City, Detroit, MI: less expensive homes
- New Center, Detroit, MI: less expensive homes
- Elmwood Park, Detroit, MI: less expensive homes
- Chene, Detroit, MI: less expensive homes
- Boston Edison, Detroit, MI: less expensive homes
- Hubbard-Richard, Detroit, MI: less expensive homes
Neighborhoods with Similar Populations
- Alameda, Portland, OR: higher priced homes
- Ballantyne East, Charlotte, NC: higher priced homes
- Boulevard Heights, St. Louis, MO: less expensive homes
- Corwith, Chicago, IL: less expensive homes
- Downtown Troy, Troy, NY: less expensive homes
- Englewood, Jacksonville, FL: less expensive homes
- Thomasville, Atlanta, GA: equally priced homes
- Sunset Heights, Orem, UT: higher priced homes
- Santa Clara Street, Hayward, CA: higher priced homes
- Lakeshore at University Park, Miramar, FL: less expensive homes
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