Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Midwest area can be challenging. Home prices in Midwest are now at a median cost of $31,736, lower than the Detroit average of $215,900.
The average cost of rent is $842/mo in Midwest, primarily driven by the current value of real estate in the Midwest area. While nearly 85.86% of residents own their homes outright in Midwest, 49.49% rent.
Housing affordability isn’t just about home prices, though. The average household income in Midwest is $2,346 per month. Households that rent pay about 35.90% of their income on rent here. Midwest's most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the neighborhood.
Nearby Neighborhoods
- Tireman, Detroit, MI: higher priced homes
- Petosky-Otsego, Detroit, MI: higher priced homes
- Claytown, Detroit, MI: higher priced homes
- Michigan-Martin, Detroit, MI: higher priced homes
- Core City, Detroit, MI: higher priced homes
- Barton-McFarland, Detroit, MI: higher priced homes
- Aviation, Detroit, MI: higher priced homes
- Woodbridge, Detroit, MI: higher priced homes
- Winter Halter, Detroit, MI: higher priced homes
- Russell Woods, Detroit, MI: higher priced homes
Neighborhoods with Similar Populations
- Homewood North, Pittsburgh, PA: higher priced homes
- Talus, Issaquah, WA: higher priced homes
- Swansboro, Richmond, VA: higher priced homes
- Sunnyland, Washington, IL: higher priced homes
- Summit Ridge at West Meadows, Dakota Ridge, CO: higher priced homes
- Stratford Hills, Richmond, VA: higher priced homes
- South Shore Harbour and Marina, League City, TX: higher priced homes
- South Main Street Historic District, Middletown, OH: higher priced homes
- Mercer Heights, Mercer Island, WA: higher priced homes
- Lake Floresta Park, Boca Raton, FL: higher priced homes
All Local Stats
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