Most Affordable Neighborhoods in Melvindale - 2026 Data
The median home value in Melvindale is $95,900, 66% below nat'l avg. Median rent is $870/month. With an affordability index of 188, Melvindale is more affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Melvindale, MI area.
Key Takeaways: Affordability in Melvindale
- 1The most affordable neighborhood in Melvindale is Dearborn Heights, with a median home value of $161,200.
- 2Melvindale's median home value is $95,900, 66% below nat'l avg (national: $281,900).
- 3Melvindale's affordability index is 188 (baseline 100), making it more affordable than the national average.
- 4Median rent in Melvindale is $870/month, 25% below nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Melvindale to find the most affordable areas based on home values, rent, and affordability index.
Melvindale Affordability Overview
Median Home Value
$95,900
66% below nat'l avg
Median Rent
$870/mo
25% below nat'l avg
Median Income
$38,918
48% below nat'l avg
Affordability Index
188
88% above nat'l avg
Most Affordable Neighborhoods in Melvindale (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | Dearborn HeightsMI | $161,200 |
| 2 | EscanabaMI | $104,200 |
| 3 | Sault Ste. MarieMI | $114,700 |
| 4 | LivoniaMI | $249,000 |
| 5 | TaylorMI | $132,300 |
| 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 | KentwoodMI | $227,000 |