Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Southgate area can be challenging. Home prices in Southgate are now at a median cost of $140,730, lower than the Michigan average of $196,062.
The average cost of rent is $1,057/mo in Southgate, primarily driven by the current value of real estate in the Southgate area. While nearly 41.89% of residents own their homes outright in Southgate, 32.19% rent.
Housing affordability isn’t just about home prices, though. The average household income in Southgate is $5,339 per month. Households that rent pay about 19.79% of their income on rent here. Southgate's most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Wyandotte, MI: equally priced homes
- Riverview, MI: higher priced homes
- Lincoln Park, MI: less expensive homes
- Allen Park, MI: equally priced homes
- Taylor, MI: less expensive homes
- Ecorse, MI: less expensive homes
- Trenton, MI: higher priced homes
- Grosse Ile, MI: higher priced homes
- Woodhaven, MI: higher priced homes
- Melvindale, MI: less expensive homes
Cities with Similar Populations
- Shenandoah, FL: higher priced homes
- Dade City, FL: higher priced homes
- Davison, MI: higher priced homes
- Derby, KS: higher priced homes
- Dickinson, TX: higher priced homes
- Dinuba, CA: higher priced homes
- Dodge City, KS: less expensive homes
- East Haven, CT: higher priced homes
- East Northport, NY: higher priced homes
- Elizabethtown, PA: higher priced homes
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