The Most Affordable Neighborhoods in Schoolcraft Southfield, Detroit, MI by Home Value

 

Schoolcraft Southfield, Detroit, MI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Schoolcraft Southfield area can be challenging. Home prices in Schoolcraft Southfield are now at a median cost of $57,952, lower than the Detroit average of $215,900.

The average cost of rent is $1,030/mo in Schoolcraft Southfield, primarily driven by the current value of real estate in the Schoolcraft Southfield area. While nearly 65.95% of residents own their homes outright in Schoolcraft Southfield, 51.20% rent.

Housing affordability isn’t just about home prices, though. The average household income in Schoolcraft Southfield is $3,371 per month. Households that rent pay about 30.55% of their income on rent here. Schoolcraft Southfield's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the neighborhood.


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