Most Affordable Neighborhoods in Madison Heights - 2026 Data
The median home value in Madison Heights is $172,500, 39% below nat'l avg. Median rent is $870/month. With an affordability index of 188, Madison Heights is more affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Madison Heights, MI area.
Key Takeaways: Affordability in Madison Heights
- 1The most affordable neighborhood in Madison Heights is Taylor, with a median home value of $132,300.
- 2Madison Heights's median home value is $172,500, 39% below nat'l avg (national: $281,900).
- 3Madison Heights's affordability index is 188 (baseline 100), making it more affordable than the national average.
- 4Median rent in Madison Heights is $870/month, 25% below nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Madison Heights to find the most affordable areas based on home values, rent, and affordability index.
Madison Heights Affordability Overview
Median Home Value
$172,500
39% below nat'l avg
Median Rent
$870/mo
25% below nat'l avg
Median Income
$63,224
15% below nat'l avg
Affordability Index
188
88% above nat'l avg
Most Affordable Neighborhoods in Madison Heights (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | TaylorMI | $132,300 |
| 2 | Dearborn HeightsMI | $161,200 |
| 3 | Sault Ste. MarieMI | $114,700 |
| 4 | LivoniaMI | $249,000 |
| 5 | MelvindaleMI | $95,900 |
| 6 | KalamazooMI | $152,700 |
| 7 | Hazel ParkMI | $129,300 |
| 8 | Sterling HeightsMI | $243,400 |
| 9 | Harper WoodsMI | $134,900 |
| 10 | LansingMI | $112,200 |
| 11 | WyomingMI | $180,300 |
| 12 | BirminghamMI | $679,700 |
| 13 | Garden CityMI | $152,800 |
| 14 | WarrenMI | $169,300 |
| 15 | EscanabaMI | $104,200 |