Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Riverdale area can be challenging. Home prices in Riverdale are now at a median cost of $57,595, lower than the Detroit average of $215,900.
The average cost of rent is $1,075/mo in Riverdale, primarily driven by the current value of real estate in the Riverdale area. While nearly 74.52% of residents own their homes outright in Riverdale, 47.87% rent.
Housing affordability isn’t just about home prices, though. The average household income in Riverdale is $3,138 per month. Households that rent pay about 34.26% of their income on rent here. Riverdale's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Nearby Neighborhoods
- Old Redford, Detroit, MI: higher priced homes
- Brightmoor, Detroit, MI: less expensive homes
- North Rosedale Park, Detroit, MI: higher priced homes
- Evergreen, Detroit, MI: equally priced homes
- The Eye, Detroit, MI: less expensive homes
- Rosedale Park, Detroit, MI: higher priced homes
- Berg-Lasher, Detroit, MI: higher priced homes
- O Hair Park, Detroit, MI: higher priced homes
- Castle Rouge, Detroit, MI: equally priced homes
- Crary-St Marys, Detroit, MI: higher priced homes
Neighborhoods with Similar Populations
- Downtown Salinas, Salinas, CA: higher priced homes
- Urbanizacion University Gdns, San Juan, PR: higher priced homes
- Urbanizacion Santiago Iglesias, San Juan, PR: higher priced homes
- University Hills, Austin, TX: higher priced homes
- Horseshoe Park, Aurora, CO: higher priced homes
- Fairmount, Fort Worth, TX: higher priced homes
- East Valley, San Bernardino, CA: higher priced homes
- East Phillips, Minneapolis, MN: higher priced homes
- East Dedham, Dedham, MA: higher priced homes
- Valencia, Buckeye, AZ: higher priced homes
All Local Stats
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