The Most Affordable Neighborhoods in Oak Shade Park, MI by Home Value

 

Oak Shade Park, MI Map of Most Affordable Neighborhoods
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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 $216,184, higher than the Michigan average of $196,062.

The average cost of rent is $720/mo in Oak Shade Park, primarily driven by the current value of real estate in the Oak Shade Park area. While nearly 36.61% of residents own their homes outright in Oak Shade Park, 12.35% rent.

Housing affordability isn’t just about home prices, though. The average household income in Oak Shade Park is $5,285 per month. Households that rent pay about 13.63% 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 northwestern parts of the city.


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