Much like the surrounding areas, it's significantly less expensive compared to the United States as a whole. However compared to the city of Detroit, it is a lot more expensive.
Home prices
The median home in Dearborn Heights costs $113,800. Compared to the surrounding areas this is approximately $4,280 (3%) higher.It is approximately $103,700 (47%) lower in comparison to the rest of the country, and in comparison to the city of Detroit is about $64,600 (131%) higher.
Rents
In Dearborn Heights the median monthly rent is $1,047. This is roughly $83 (8%) higher compared to its nearby areas.Compared to the entire country it is approximately $15 (1%) lower, and compared to the city of Detroit it is roughly $223 (27%) higher.
Nearby places
Inkster
Inkster is Dearborn Heights's neighbor to the southwest. The housing prices there are substantially less expensive. The cost of the median home in Inkster is $48,700, which comes out to $65,100 (133%) lower than Dearborn Heights. Rent there is somewhat less expensive. In Inkster the median monthly rent is $887, which works out to $160 (18%) lower than Dearborn Heights.
Dearborn
Dearborn is Dearborn Heights's neighbor to the east. Its housing prices are somewhat more expensive. The median home cost in Dearborn is $143,000, which comes out to $29,200 (20%) higher than Dearborn Heights. The rent there is similar. In Dearborn the median monthly rent is $1,022, which works out to $25 (2%) lower than Dearborn Heights.
Garden City
Garden City is Dearborn Heights's neighbor to the west. The real estate prices there are pretty similar. The median home in Garden City costs $111,000, which is $2,800 (2%) lower than Dearborn Heights. The rent there is pretty similar. The median monthly rent in Garden City is $1,035, which is $12 (1%) lower than Dearborn Heights.
Westland
Westland is Dearborn Heights's neighbor to the west. Its housing prices are a little more expensive. The median home cost in Westland is $121,100, which is $7,300 (6%) higher than Dearborn Heights. The rent there is somewhat less expensive. The median rent in Westland is $894 per month, which works out to $153 (17%) lower than Dearborn Heights.
Allen Park
Allen Park is Dearborn Heights's neighbor to the southeast. Real estate prices there are somewhat more expensive. The median home value in Allen Park is $123,800, which works out to $10,000 (8%) higher than Dearborn Heights. Rents there are a bit less expensive. The median rent in Allen Park is $980 a month, which comes out to $67 (6%) lower than Dearborn Heights.
