2nd most affordable of 199 in Metro Detroit
Cost of Living in Pleasant Ridge, MI
A typical home in Pleasant Ridge costs about $2,067 a month, 14.5% of the median household income of $171,125. That makes Pleasant Ridge the 2nd most affordable of 56 places in Oakland County and 2nd of 199 across Metro Detroit.
- Median rent a month
- $1,720
- Median home value
- $448,700
- Owner cost with a mortgage
- $2,413
- Of income on housing
- 14.5%
Pleasant Ridge against Oakland County and the metro
| Census median | Pleasant Ridge | Oakland County | Metro Detroit |
|---|---|---|---|
| Median rent (monthly) | $1,720 | $1,376 | $1,207 |
| Median home value | $448,700 | $343,600 | $249,700 |
| Owner cost with a mortgage (monthly) | $2,413 | $1,998 | $1,720 |
| Median household income (yearly) | $171,125 | $97,760 | $76,664 |
| Share of income on housing | 14.5% | 20.7% | 22.9% |
Ranked 2nd most affordable of 56 in Oakland County. See all 56.
Cost of living near Pleasant Ridge
The towns around Pleasant Ridge, each with its own page.
- Royal Oak Rent $1,381 · Home $328,700 80th most affordable in the metro
- Ferndale Rent $1,311 · Home $247,700 67th most affordable in the metro
- Oak Park Rent $1,396 · Home $212,300 157th most affordable in the metro
- Huntington Woods Rent $2,493 · Home $473,900 15th most affordable in the metro
- Royal Oak Township Rent $864 · Home $161,200 189th most affordable in the metro
- Hazel Park Rent $1,314 · Home $158,600 144th most affordable in the metro
- Berkley Rent $1,526 · Home $316,700 28th most affordable in the metro
- Madison Heights Rent $1,176 · Home $199,100 129th most affordable in the metro
Living in Pleasant Ridge
- Homes for sale in Pleasant Ridge Listings and off-market deals
- Rentals in Pleasant Ridge Houses and apartments for rent
- Pleasant Ridge neighborhoods Every neighborhood on a map
- Pleasant Ridge crime rate From Pleasant Ridge's own police reports
- Cost of living in Oakland County Every town in the county, ranked
- Most affordable cities in Metro Detroit All six counties, ranked
- Pleasant Ridge city guide Pros, homes and city services
Pleasant Ridge cost of living questions
5 questions
Is Pleasant Ridge, MI expensive to live in?
A typical home in Pleasant Ridge takes 14.5% of the median household income, against 22.9% across Metro Detroit, which ranks it 2nd most affordable of 199 places.
What is the average rent in Pleasant Ridge?
The median gross rent is $1,720 a month, rent plus the utilities the renter pays, 43% above the metro.
How much does a house cost in Pleasant Ridge?
Owners put the median home value at $448,700, 80% above the metro. With a mortgage, the median owner pays $2,413 a month for the mortgage, taxes, insurance and utilities.
What income do you need to live in Pleasant Ridge?
Spending no more than 30% of income on housing, the usual rule, a typical Pleasant Ridge home at $2,067 a month calls for about $83,000 a year. The median household here earns $171,125.
Where do these numbers come from?
The U.S. Census Bureau's American Community Survey 2020-2024 5-year estimates for Pleasant Ridge. They are medians, half above and half below, and today's listings and rents can differ.
Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates.