Five Points renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.
Rental Price Key
Luxury
High-end
Mid-tier
Most affordable
On average, the cost of rent in Five Points is about $1,013 per month. This puts it in the 52nd percentile compared to the city average cost of rent, which is $1,258. Households in Five Points have a median income of $2,824 per month so the average renter in Five Points is spending roughly 36% of their earnings on housing.
Nationally, and in Five Points, home values are the data point most closely correlated with the cost of rent. The median price of a home in Five Points is $53,568 right now, which is lower than neighborhoods nearby, meaning that rents in Five Points also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the eastern parts of Five Points while lower rent rates are often available in southwestern areas.
Nearby Neighborhoods
- Berg-Lasher, Detroit, MI: less expensive rent prices
- The Eye, Detroit, MI: more expensive rent prices
- Riverdale, Detroit, MI: less expensive rent prices
- Evergreen, Detroit, MI: more expensive rent prices
- North Rosedale Park, Detroit, MI: more expensive rent prices
- Brightmoor, Detroit, MI: less expensive rent prices
- Castle Rouge, Detroit, MI: more expensive rent prices
- Rosedale Park, Detroit, MI: more expensive rent prices
- Downtown Southfield, Southfield, MI: more expensive rent prices
- Greenfield, Detroit, MI: less expensive rent prices
Neighborhoods with Similar Populations
- Downtown Manassas, Manassas, VA: more expensive rent prices
- Edgemar-Pacific Manor, Pacifica, CA: more expensive rent prices
- Eastwood, Nashville, TN: more expensive rent prices
- Johnson Village, Charlottesville, VA: more expensive rent prices
- Lakewood, New Orleans, LA: more expensive rent prices
- McNichols, Detroit, MI: less expensive rent prices
- University Park, Tempe, AZ: more expensive rent prices
- Urbanizacion La Providencia, Toa Alta, PR: less expensive rent prices
- Downtown Sacramento, Sacramento, CA: less expensive rent prices
- Moon Lake Estates, Moon Lake, FL: more expensive rent prices
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood