Property Prices in Detroit, MI, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 1.21 |
| Mortgage as Percentage of Income: | 10.73% |
| Loan Affordability Index: | 9.32 |
| Price to Rent Ratio - City Centre: | 3.32 |
| Price to Rent Ratio - Outside of Centre: | 4.44 |
| Gross Rental Yield (City Centre): | 30.13% |
| Gross Rental Yield (Outside of Centre): | 22.54% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,362.38 $ | |
| Apartment (1 bedroom) Outside of Centre | 1,051.00 $ | |
| Apartment (3 bedrooms) in City Centre | 2,900.00 $ | |
| Apartment (3 bedrooms) Outside of Centre | 1,728.43 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 99.17 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 90.83 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 4,238.60 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.43 |
These data are based on 116 entries in the past 18 months from 29 different contributors.
Last update: July 2024
Sources and References
Sign Up for Our Newsletter:
Nearby cities:| Property Prices in Plymouth, Michigan | 26.96 miles |
| Property Prices in Ypsilanti, Michigan | 36.34 miles |
| Property Prices in Ann Arbor, Michigan | 44.76 miles |
| Property Prices in Toledo, Ohio | 59.25 miles |
| Property Prices in Fowlerville, Michigan | 63.45 miles |
| Property Prices in Tiffin, Ohio | 106.65 miles |
| Property Prices in Saint Johns, Michigan | 109.30 miles |
| Property Prices in Ashland, Ohio | 153.08 miles |
| Property Prices in Grand Rapids, Michigan | 157.97 miles |
| Property Prices in Fort Wayne, Indiana | 160.52 miles |
This page in other languages:
 DeutschImmobilienpreise in Detroit
|
 PortuguêsPreços de Imóveis em Detroit
|
 ItalianoPrezzi delle proprietà immobiliari a Detroit
|
 FrançaisPrix de l'immobilier à Détroit
|
 EspañolPrecios de Inmuebles en Detroit
|
Leave a comment:0 Comments so far