Property Prices in Detroit, MI, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 1.21 |
| Mortgage as Percentage of Income: | 10.74% |
| Loan Affordability Index: | 9.31 |
| Price to Rent Ratio - City Centre: | 3.10 |
| Price to Rent Ratio - Outside of Centre: | 5.79 |
| Gross Rental Yield (City Centre): | 32.30% |
| Gross Rental Yield (Outside of Centre): | 17.27% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,420.00 $ | |
| Apartment (1 bedroom) Outside of Centre | 912.50 $ | |
| Apartment (3 bedrooms) in City Centre | 3,250.00 $ | |
| Apartment (3 bedrooms) Outside of Centre | 1,570.00 $ | |
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) | 4,548.15 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.38 |
These data are based on 62 entries in the past 18 months from 14 different contributors.
Last update: September 2023
Sources and References
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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 |
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 DeutschImmobilienpreise in Detroit
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 ItalianoPrezzi delle proprietà immobiliari a Detroit
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 EspañolPrecios de Inmuebles en Detroit
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