The Most Affordable Neighborhoods in Nine Mile, MI by Home Value

 

Nine Mile, MI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Nine Mile area can be challenging. Home prices in Nine Mile are now at a median cost of $116,095, lower than the Michigan average of $196,062.

The average cost of rent is $820/mo in Nine Mile, primarily driven by the current value of real estate in the Nine Mile area. While nearly 49.66% of residents own their homes outright in Nine Mile, 12.76% rent.

Housing affordability isn’t just about home prices, though. The average household income in Nine Mile is $4,981 per month. Households that rent pay about 16.47% of their income on rent here. Nine Mile's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.


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