Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Regent Park area can be challenging. Home prices in Regent Park are now at a median cost of $59,808, lower than the Detroit average of $268,120.
The average cost of rent is $1,298/mo in Regent Park, primarily driven by the current value of real estate in the Regent Park area. In Regent Park, 45.26% of households rent, and 63.59% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Regent Park is $3,281 per month. Households that rent pay about 39.56% of their income on rent here. Regent Park’s most expensive areas are in the western regions, while the cheapest areas are in the southern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Burbank, Detroit, MI: higher priced homes
- Mohican Regent, Detroit, MI: higher priced homes
- Denby, Detroit, MI: equally priced homes
- Yorkshire Woods, Detroit, MI: equally priced homes
- Pulaski, Detroit, MI: higher priced homes
- Van Steuban, Detroit, MI: less expensive homes
- Conner, Detroit, MI: higher priced homes
- Finney, Grosse Pointe, MI: higher priced homes
- Lasalle College Park, Detroit, MI: less expensive homes
- East English Village, Detroit, MI: higher priced homes
Neighborhoods with Similar Populations
- Barton Hills, Austin, TX: higher priced homes
- Bella Vista, Philadelphia, PA: higher priced homes
- Berwick, Columbus, OH: higher priced homes
- Tolleston, Gary, IN: higher priced homes
- Pico-Lowell, Santa Ana, CA: higher priced homes
- Plymouth Colony, Atlanta, GA: higher priced homes
- Powderhorn Park, Minneapolis, MN: higher priced homes
- Pukalani, Makawao, HI: higher priced homes
- Reservoir, Newport News, VA: higher priced homes
- River Park, South Bend, IN: higher priced homes
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