Home prices
The median home in Allen Park is valued at $123,800. This is about $39,920 (47%) higher in comparison to its surrounding areas.In comparison to the entire nation it is about $93,700 (43%) lower, and in comparison to the city of Detroit is about $74,600 (151%) higher.
Rents
In Allen Park the median monthly rent is $980. This is approximately $96 (10%) higher in comparison to its surrounding areas.Compared to the country as a whole it is about $82 (7%) lower, and it is approximately $156 (18%) higher compared to the city of Detroit.
Nearby places
Lincoln Park
Lincoln Park is Allen Park's neighbor to the southeast. Its housing prices are substantially less expensive. Lincoln Park's median home price is $73,700, which is $50,100 (67%) lower than Allen Park. Rents there are somewhat less expensive. The median monthly rent in Lincoln Park is $842, which works out to $138 (16%) lower than Allen Park.
Melvindale
Melvindale is Allen Park's neighbor to the northeast. The real estate prices there are a lot less expensive. The median home price in Melvindale is $64,300, which works out to $59,500 (92%) lower than Allen Park. The rent there is somewhat less expensive. Melvindale's median monthly rent is $856, which comes out to $124 (14%) lower than Allen Park.
Taylor
Taylor is Allen Park's neighbor to the southwest. The housing prices there are a bit less expensive. The median home in Taylor costs $96,300, which is $27,500 (28%) lower than Allen Park. Its rents are somewhat less expensive. Taylor's median monthly rent is $880, which is $100 (11%) lower than Allen Park.
Dearborn
Dearborn is Allen Park's neighbor to the north. Real estate prices there are somewhat more expensive. Dearborn's median home value is $143,000, which works out to $19,200 (13%) higher than Allen Park. Its rents are fairly similar. The median rent in Dearborn is $1,022 a month, which works out to $42 (4%) higher than Allen Park.
Ecorse
Ecorse is about 3 miles east from Allen Park. Housing prices there are a lot less expensive. The median home in Ecorse costs $42,100, which comes out to $81,700 (194%) lower than Allen Park. The rent there is a bit less expensive. Ecorse's median rent is $821 a month, which works out to $159 (19%) lower than Allen Park.