Home prices
The median home value in Lincoln Park is $73,700. It is about $16,660 (18%) lower compared to nearby areas.It is roughly $143,800 (66%) lower in comparison to the US as a whole, and it is roughly $24,500 (49%) higher in comparison to the city of Detroit.
Rents
Lincoln Park's median rent is $842 a month. This is about $17 (2%) lower in comparison to other places in this area.It is about $220 (20%) lower in comparison to the country as a whole, and in comparison to the city of Detroit it is about $18 (2%) higher.
Nearby places
Allen Park
Allen Park is Lincoln Park's neighbor to the northwest. Housing prices there are a lot more expensive. Allen Park's median home cost is $123,800, which comes out to $50,100 (40%) higher than Lincoln Park. Its rents are a bit more expensive. In Allen Park the median monthly rent is $980, which works out to $138 (14%) higher than Lincoln Park.
Ecorse
Ecorse is Lincoln Park's neighbor to the east. Housing prices there are significantly less expensive. Ecorse's median home cost is $42,100, which works out to $31,600 (75%) lower than Lincoln Park. Its rents are similar. In Ecorse the median rent is $821 a month, which is $21 (2%) lower than Lincoln Park.
Wyandotte
Wyandotte is Lincoln Park's neighbor to the southeast. Housing prices there are substantially more expensive. Wyandotte's median home value is $109,300, which is $35,600 (32%) higher than Lincoln Park. Rent there is a bit less expensive. The median monthly rent in Wyandotte is $763, which works out to $79 (10%) lower than Lincoln Park.
Melvindale
Melvindale is Lincoln Park's neighbor to the north. Its real estate prices are a little less expensive. The cost of the median home in Melvindale is $64,300, which comes out to $9,400 (14%) lower than Lincoln Park. Its rents are pretty similar. The median rent in Melvindale is $856 a month, which comes out to $14 (1%) higher than Lincoln Park.
Southgate
Southgate is Lincoln Park's neighbor to the southwest. The housing prices there are a lot more expensive. Southgate's median home price is $112,300, which comes out to $38,600 (34%) higher than Lincoln Park. The rent there is similar. In Southgate the median monthly rent is $876, which works out to $34 (3%) higher than Lincoln Park.