The 10 Cheapest Detroit, MI Neighborhoods To Live In For 2024


The cheapest Detroit neighborhoods are Eliza Howell and Kranz Woods for 2024 based on Saturday Night Science.

Worst Neighborhoods In Detroit
Source: Wikipedia User User:AE at Quicken Loans | CC BY-SA 1.0

Everything else equal, we can all agree that living in a cheaper place is better than living in a more expensive place.

I’d much rather pay $500/mo in rent than $1,000. And I’d rather pay $2 for coffee than $5.

And while every neighbhorhood in Detroit might be more expensive than living in rural Michigan, there are certain neighborhoods that are definitely cheaper.

What exactly are those Detroit neighborhoods where your dollar goes a little further — you can get that one bedroom instead of the studio?

Instead of relying on public opinion and speculation, we wanted to get the facts straight and determine which neighborhoods in Detroit are the cheapest using Saturday Night Science.

The Cheapest Neighborhoods In Detroit For 2024

  1. Eliza Howell
  2. Kranz Woods
  3. Michigan-Martin
  4. Gold Coast
  5. Aviation
  6. Regent Park
  7. Ravendale
  8. Southwest Detroit
  9. Springwells
  10. Hubbard-Richard

What’s the cheapest neighborhood to live in Detroit for 2024? According to the most recent census data, Eliza Howell looks to be the cheapest Detroit neighborhood to live in.

At this point, we should make it clear that you do get what you pay for — some of these neighborhoods might not be the best places to live in Detroit. You could be sacrificing location or crime rates for more space and cheaper groceries.

Read on to see how we determined the places around Detroit that deserve a little bragging rights, or maybe you’re interested in the worst neighborhoods in Detroit.

For more Michigan reading, check out:


Table Of Contents: Top Ten | Methodology | Summary | Table


The 10 Cheapest Neighborhoods To Live In Detroit For 2024

Overall SnackAbility

5
/10

Population: 839
Cost Of Living Index: 79 (2nd cheapest)
Home Value To Income Ratio: 0.4 (cheapest)
Rent To Income Ratio: 0.011 (5th cheapest)
More on Eliza Howell: Data | Real Estate

Overall SnackAbility

3
/10

Population: 4,438
Cost Of Living Index: 83 (28th cheapest)
Home Value To Income Ratio: 0.9 (4th cheapest)
Rent To Income Ratio: 0.02 (23rd cheapest)
More on Kranz Woods: Data | Real Estate

Overall SnackAbility

4
/10

Population: 732
Cost Of Living Index: 83 (28th cheapest)
Home Value To Income Ratio: 1.1 (12th cheapest)
Rent To Income Ratio: 0.019 (17th cheapest)
More on Michigan-Martin: Data | Real Estate

Overall SnackAbility

5
/10

Population: 1,376
Cost Of Living Index: 82 (18th cheapest)
Home Value To Income Ratio: 1.2 (14th cheapest)
Rent To Income Ratio: 0.02 (25th cheapest)
More on Gold Coast: Data | Real Estate

Overall SnackAbility

5
/10

Population: 3,888
Cost Of Living Index: 84 (38th cheapest)
Home Value To Income Ratio: 1.2 (15th cheapest)
Rent To Income Ratio: 0.017 (14th cheapest)
More on Aviation: Data | Real Estate

Overall SnackAbility

4
/10

Population: 2,504
Cost Of Living Index: 86 (55th cheapest)
Home Value To Income Ratio: 0.8 (2nd cheapest)
Rent To Income Ratio: 0.017 (11th cheapest)
More on Regent Park: Data | Real Estate

Overall SnackAbility

3
/10

Population: 2,304
Cost Of Living Index: 81 (12th cheapest)
Home Value To Income Ratio: 1.0 (9th cheapest)
Rent To Income Ratio: 0.026 (48th cheapest)
More on Ravendale: Data | Real Estate

Overall SnackAbility

4
/10

Population: 13,628
Cost Of Living Index: 82 (18th cheapest)
Home Value To Income Ratio: 1.9 (4cheapest)
Rent To Income Ratio: 0.018 (16th cheapest)
More on Southwest Detroit: Data | Real Estate

Overall SnackAbility

4
/10

Population: 13,921
Cost Of Living Index: 82 (18th cheapest)
Home Value To Income Ratio: 1.3 (25th cheapest)
Rent To Income Ratio: 0.022 (33rd cheapest)
More on Springwells: Data | Real Estate

Overall SnackAbility

3
/10

Population: 1,880
Cost Of Living Index: 83 (28th cheapest)
Home Value To Income Ratio: 2.2 (47th cheapest)
Rent To Income Ratio: 0.013 (8th cheapest)
More on Hubbard-Richard: Data | Real Estate

Methodology: How We Determined The Cheapest Detroit Hoods In 2024

To rank the cheapest places to live in Detroit, we had to determine what criteria define “cheap” and then apply Saturday Night Science.

Using Census and extrapolated BLS data, we arrived at the following set of criteria:

  • Overall Cost Of Living
  • Rent To Income Ratio
  • Median Home Value To Income Ratio

We then ranked each neighborhood with scores from 1 to 82 in each category, where 1 was the cheapest.

Next, we averaged the rankings for each neighborhood to create a cheap neighborhood index.

And finally, we crowned the neighborhood with the lowest cheapest neighborhood index, the “Cheapest City Neighborhood In Detroit.” We’re lookin’ at you, Eliza Howell.

We updated this article for 2024. This is our fourth time ranking the cheapest neighborhoods to live in Detroit. Skip to the end to see the list of all the neighborhoods in the city, from cheapest to most expensive.

Summary: Lowest Cost Places To Live In Detroit

If you’re measuring the neighborhoods in Detroit where prices are low, and it’s cheap to live, this is an accurate list.

The most affordable neighborhoods in Detroit are Eliza Howell, Kranz Woods, Michigan-Martin, Gold Coast, Aviation, Regent Park, Ravendale, Southwest Detroit, Springwells, and Hubbard-Richard.

As mentioned earlier, the neighborhoods in Detroit aren’t all cheap. Art Center takes the title of the most expensive neighborhood to live in Detroit.

The most expensive neighborhoods in Detroit are Art Center, Brush Park, West Village, Midtown, and Rivertown.

We ranked the neighborhoods from cheapest to most expensive in the chart below.

For more Michigan reading, check out:

Detailed List Of The Cheapest Neighborhoods To Live In Detroit For 2024

Rank Neighborhood Cost Of Living Index
1 Eliza Howell 79
2 Kranz Woods 83
3 Michigan-Martin 83
4 Gold Coast 82
5 Aviation 84
6 Regent Park 86
7 Ravendale 81
8 Southwest Detroit 82
9 Springwells 82
10 Hubbard-Richard 83
11 Riverdale 82
12 Chaldean Town 80
13 East English Village 86
14 Grandmont 89
15 Mcdougall-Hunt 77
16 Grandale 80
17 Greensbriar 85
18 Park 86
19 Fitzgerald 83
20 Brightmoor 82
21 Conner Creek Ind 87
22 Pulaski 83
23 Franklin Park 83
24 Five Points 84
25 Bagley 83
26 Poletown East 79
27 Petosky-Otsego 81
28 Lasalle College Park 85
29 Martin Park 85
30 Barton-Mcfarland 83
31 Rosedale Park 84
32 Morningside 85
33 Mohican Regent 86
34 Boynton 82
35 Castle Rouge 84
36 North Rosedale Park 95
37 Chandler Park 81
38 Warrendale 83
39 English Village 92
40 Eight Mile Wyoming 83
41 Old Redford 89
42 Van Steuban 84
43 Briggs 80
44 Weatherby 81
45 Minock Park 86
46 Berg-Lasher 85
47 The Eye 85
48 Lasalle Gardens 85
49 Fishkorn 84
50 University District 91
51 Herman Gardens 82
52 Woodbridge 92
53 Millenium Village 87
54 Jefferson Chalmers 87
55 Sherwood Forest 99
56 New Center 84
57 Joseph Barry 92
58 Carbon Works 81
59 Belmont 83
60 Indian Village 108
61 Marina District 108
62 Detroit Golf 96
63 Forest Park 80
64 Green Acres 93
65 Russell Woods 86
66 Alden Park 86
67 Islandview 84
68 Grandmont-Rosedale 87
69 Nw Goldberg 80
70 Core City 81
71 Corktown 97
72 Downtown 91
73 West Side Industrial 92
74 Lafayette Park 87
75 Elmwood Park 84
76 Jefferies 93
77 Wayne State 83
78 Rivertown 96
79 Midtown 91
80 West Village 85
81 Brush Park 85
82 Art Center 90
About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.