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Lafayette Park Real Estate Market Facts

  • $56,400Median home price
    53% lower than Detroit
  • $687Median rent asked
    12% lower than Detroit
  • 27.0%Home owners
    62% lower than Detroit
  • 1.8People per home
    26% lower than Detroit

Lafayette Park Home Affordability

  • $56,400Median home price
    53% lower than Detroit
  • $24,280Median home income
    51% lower than Detroit
  • 2.3xHome price to income ratio
    5% lower than Detroit

Lafayette Park Affordability Calculator

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Lafayette Park Mortgage Calculator

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Lafayette Park Demographics

  • 5,101Population
  • 7,880People / sq mile
  • 43.6Median age
  • 0.8:1Male/Female ratio

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
River Rouge, MI7,761$36,80079%
Highland Park, MI10,951$39,10078%
Ecorse, MI9,401$39,20078%
Hamtramck, MI22,256$39,80077%
Hazel Park, MI16,532$49,10072%
Detroit, MI695,437$45,10074%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
El Paso, TX669,771$117,80033%
Memphis, TN656,715$95,40046%
Boston, MA639,594$379,500116%
Seattle, WA637,850$437,400149%
Denver, CO633,777$257,50047%
Detroit, MI695,437$45,10074%
Source: The Lafayette Park, Detroit, MI housing data displayed above is derived from the United States Census Bureau.