Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Warren area can be challenging. Home prices in Warren are now at a median cost of $120,776, lower than the Michigan average of $196,062.
The average cost of rent is $1,125/mo in Warren, primarily driven by the current value of real estate in the Warren area. While nearly 44.13% of residents own their homes outright in Warren, 30.54% rent.
Housing affordability isn’t just about home prices, though. The average household income in Warren is $4,748 per month. Households that rent pay about 23.70% of their income on rent here. Warren's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Center Line, MI: equally priced homes
- Madison Heights, MI: higher priced homes
- Hazel Park, MI: less expensive homes
- Eastpointe, MI: less expensive homes
- Roseville, MI: less expensive homes
- Fraser, MI: higher priced homes
- Ferndale, MI: higher priced homes
- Pleasant Ridge, MI: higher priced homes
- Highland Park, MI: less expensive homes
- Hamtramck, MI: less expensive homes
Cities with Similar Populations
- Wallingford, VT: higher priced homes
- Waukegan, IL: higher priced homes
- Waukesha, WI: higher priced homes
- Wataga, IL: less expensive homes
- Waldron, IN: equally priced homes
- Watauga, TN: equally priced homes
- Washburn, ME: less expensive homes
- Waumandee, WI: higher priced homes
- Wake Forest, NC: higher priced homes
- Waco, NE: equally priced homes
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