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Affordable
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These days, finding an affordable place to live in the Oak Shade Park area can be challenging. Home prices in Oak Shade Park are now at a median cost of $334,012, higher than the Michigan average of $250,415.
The average cost of rent is $1,114/mo in Oak Shade Park, primarily driven by the current value of real estate in the Oak Shade Park area. In Oak Shade Park, 13.08% of households rent, and 42.38% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Oak Shade Park is $5,048 per month. Households that rent pay about 22.07% of their income on rent here. Oak Shade Park’s most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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