Home prices
Manchester's median home cost is $162,500. This is approximately $44,940 (38%) higher compared to other places in this area.It is approximately $55,000 (25%) lower compared to the entire nation, and compared to the city of Detroit is roughly $113,300 (230%) higher.
Rents
In Manchester the median monthly rent is $676. In comparison to nearby areas it is approximately $27 (3%) lower.It is approximately $386 (36%) lower in comparison to the entire nation, and is roughly $148 (17%) lower in comparison to the city of Detroit.
Nearby places
Clinton
Clinton is approximately 5 miles southeast from Manchester. Its housing prices are a little less expensive. The median home in Clinton costs $126,500, which comes out to $36,000 (28%) lower than Manchester. The rent there is a little more expensive. Clinton's median rent is $720 a month, which works out to $44 (6%) higher than Manchester.
Vineyard Lake
Vineyard Lake is approximately 8 miles southwest from Manchester. Housing prices there are significantly less expensive. The median home price in Vineyard Lake is $115,800, which comes out to $46,700 (40%) lower than Manchester. Rents there are a little less expensive. In Vineyard Lake the median monthly rent is $628, which is $48 (7%) lower than Manchester.
Napoleon
Napoleon is roughly 9 miles west of Manchester. Real estate prices there are substantially less expensive. The cost of the median home in Napoleon is $60,200, which works out to $102,300 (169%) lower than Manchester. Rents there are similar. Napoleon's median rent is $689 per month, which comes out to $13 (1%) higher than Manchester.
Brooklyn
Brooklyn is approximately 9 miles west of Manchester. Its housing prices are a bit less expensive. The median home value in Brooklyn is $129,400, which works out to $33,100 (25%) lower than Manchester. The rent there is pretty similar. In Brooklyn the median rent is $645 a month, which is $31 (4%) lower than Manchester.
Grass Lake
Grass Lake is roughly 10 miles northwest from Manchester. The real estate prices there are fairly similar. Grass Lake's median home cost is $155,900, which works out to $6,600 (4%) lower than Manchester. Its rents are a bit more expensive. Grass Lake's median monthly rent is $833, which works out to $157 (18%) higher than Manchester.