Property Prices in Detroit, MI, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 1.27 |
| Mortgage as Percentage of Income: | 10.08% |
| Loan Affordability Index: | 9.92 |
| Price to Rent Ratio - City Centre: | 3.59 |
| Price to Rent Ratio - Outside of Centre: | 5.94 |
| Gross Rental Yield (City Centre): | 27.89% |
| Gross Rental Yield (Outside of Centre): | 16.84% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,266.67 $ | |
| Apartment (1 bedroom) Outside of Centre | 858.33 $ | |
| Apartment (3 bedrooms) in City Centre | 2,716.67 $ | |
| Apartment (3 bedrooms) Outside of Centre | 1,600.00 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 100.00 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 105.00 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 4,330.56 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.99 |
These data are based on 61 entries in the past 18 months from 13 different contributors.
Last update: March 2023
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