Housing costs in Detroit?
A typical home costs
$326,500, which is 3.4% less expensive than the national average of
$338,100 and 30.3% less expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Detroit costs
$990 per month, which is 34.9% cheaper than the national average of
$1,520 and 26.3% cheaper than the state average of
$1,250.
Can I afford Detroit?
To live comfortably in Detroit (zip 97342), Oregon, a minimum annual income of
$62,640 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Detroit?
The cost of living in 97342 Detroit, OR is relatively low compared to other areas. According to Sperling's Best Places, the cost of living index in Detroit is 80.5, which is 20.5% lower than the U.S. average. In terms of housing prices, the median home value in Detroit is approximately $164,900 and the median rent price is around $875 per month. With these affordability factors combined with a variety of amenities and attractions like nearby parks, art galleries, eateries and more, Detroit offers an appealing option for many who are looking for a place to call home at a reasonable price.