Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Sterling Heights area can be challenging. Home prices in Sterling Heights are now at a median cost of $205,690, higher than the Michigan average of $196,062.
The average cost of rent is $1,347/mo in Sterling Heights, primarily driven by the current value of real estate in the Sterling Heights area. While nearly 37.93% of residents own their homes outright in Sterling Heights, 24.26% rent.
Housing affordability isn’t just about home prices, though. The average household income in Sterling Heights is $6,195 per month. Households that rent pay about 21.74% of their income on rent here. Sterling Heights's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Troy, MI: higher priced homes
- Fraser, MI: less expensive homes
- Clinton Township, MI: less expensive homes
- Utica, MI: higher priced homes
- Warren, MI: less expensive homes
- Madison Heights, MI: less expensive homes
- Clawson, MI: equally priced homes
- Center Line, MI: less expensive homes
- Roseville, MI: less expensive homes
- Mount Clemens, MI: less expensive homes
Cities with Similar Populations
- Hawthorne, CA: higher priced homes
- Hattiesburg, MS: less expensive homes
- Glen Burnie, MD: higher priced homes
- Fort Wayne, IN: less expensive homes
- Garden Grove, CA: higher priced homes
- Glendale, CA: higher priced homes
- Glendale, AZ: higher priced homes
- Georgetown, TX: higher priced homes
- Fremont, CA: higher priced homes
- Fort Lauderdale, FL: higher priced homes
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