Median home value: $315K (+4.8% YoY). Rent: $1,746/mo. Price-to-rent: 15.1x. Part of Detroit-Warren-Dearborn, MI.
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Basic Zillow data only. For stress scores, AI analysis, and trends, Detroit-Warren-Dearborn, MI metro page.
Home Value$315,410
+4.8%
Rent$1,746/mo
AFFORDABILITYRenting $305/mo cheaper ($1,746 rent)6.00% 30yr, 20% down, county tax + MI ins. 28% per HUD.
Enter your income for Chesterfield.
$63,082 on $315,410
Stretch — 32.8% of income
Above 28% but manageable with cuts.
PITI$2,051
P/I32.8%
Afford$269K
Gap-$46K
P&I $1,513Tax $405Ins $133
Home Buying Kit For Dummies (2025)Financing, negotiation, closing