The Most Affordable Neighborhoods in Rosedale Park, Detroit, MI by Home Value

 

Rosedale Park, Detroit, MI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Rosedale Park area can be challenging. Home prices in Rosedale Park are now at a median cost of $203,126, lower than the Detroit average of $268,120.

The average cost of rent is $2,106/mo in Rosedale Park, primarily driven by the current value of real estate in the Rosedale Park area. In Rosedale Park, 11.64% of households rent, and 41.90% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Rosedale Park is $7,371 per month. Households that rent pay about 28.57% of their income on rent here. Rosedale Park’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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