Home Price Key
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These days, finding an affordable place to live in the River Rouge area can be challenging. Home prices in River Rouge are now at a median cost of $42,318, lower than the Michigan average of $196,062.
The average cost of rent is $603/mo in River Rouge, primarily driven by the current value of real estate in the River Rouge area. While nearly 68.65% of residents own their homes outright in River Rouge, 50.48% rent.
Housing affordability isn’t just about home prices, though. The average household income in River Rouge is $2,119 per month. Households that rent pay about 28.46% of their income on rent here. River Rouge's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Ecorse, MI: higher priced homes
- Melvindale, MI: higher priced homes
- Lincoln Park, MI: higher priced homes
- Allen Park, MI: higher priced homes
- Wyandotte, MI: higher priced homes
- Dearborn, MI: higher priced homes
- Southgate, MI: higher priced homes
- Taylor, MI: higher priced homes
- Riverview, MI: higher priced homes
- Dearborn Heights, MI: higher priced homes
Cities with Similar Populations
- New Lebanon, OH: higher priced homes
- Newland, NC: higher priced homes
- Newcastle, CA: higher priced homes
- New Windsor, MD: higher priced homes
- New Wilmington, PA: higher priced homes
- New Tazewell, TN: higher priced homes
- New Roads, LA: higher priced homes
- New Martinsville, WV: higher priced homes
- New Market, TN: higher priced homes
- New Lexington, OH: higher priced homes
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