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These days, finding an affordable place to live in the West Bloomfield area can be challenging. Home prices in West Bloomfield are now at a median cost of $443,113, higher than the Michigan average of $250,415.
The average cost of rent is $2,037/mo in West Bloomfield, primarily driven by the current value of real estate in the West Bloomfield area. In West Bloomfield, 16.51% of households rent, and 37.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in West Bloomfield is $11,502 per month. Households that rent pay about 17.71% of their income on rent here. West Bloomfield’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Orchard Lake Village, MI: higher priced homes
- Keego Harbor, MI: less expensive homes
- Sylvan Lake, MI: less expensive homes
- Walled Lake, MI: less expensive homes
- Wolverine Lake, MI: less expensive homes
- Franklin, MI: higher priced homes
- Farmington Hills, MI: less expensive homes
- Commerce Township, MI: less expensive homes
- Bloomfield Hills, MI: higher priced homes
- Bingham Farms, MI: higher priced homes
Cities with Similar Populations
- Wilkes-Barre, PA: less expensive homes
- Blaine, MN: less expensive homes
- Waltham, MA: higher priced homes
- Casa Grande, AZ: less expensive homes
- Castro Valley, CA: higher priced homes
- The Villages, FL: equally priced homes
- State College, PA: equally priced homes
- Hanford, CA: less expensive homes
- Hickory, NC: less expensive homes
- Arcadia, CA: higher priced homes
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