Home prices
Pleasant Ridge's median home value is $346,100. This is about $157,940 (83%) higher compared to other places in this area.Compared to the rest of the nation it is roughly $128,600 (59%) higher, and compared to the city of Detroit it is approximately $296,900 (603%) higher.
Rents
The median rent in Pleasant Ridge is $1,445 per month. It is about $200 (16%) higher in comparison to its nearby areas.It is about $383 (36%) higher compared to the rest of the country, and in comparison to the city of Detroit is approximately $621 (75%) higher.
Nearby places
Ferndale
Ferndale is Pleasant Ridge's neighbor to the southeast. The real estate prices there are substantially less expensive. The median home in Ferndale costs $162,000, which comes out to $184,100 (113%) lower than Pleasant Ridge. Its rents are a lot less expensive. In Ferndale the median monthly rent is $1,032, which is $413 (40%) lower than Pleasant Ridge.
Huntington Woods
Huntington Woods is Pleasant Ridge's neighbor to the northwest. Housing prices there are similar. Huntington Woods's median home price is $362,900, which is $16,800 (4%) higher than Pleasant Ridge. Its rents are a bit more expensive. In Huntington Woods the median monthly rent is $2,014, which works out to $569 (28%) higher than Pleasant Ridge.
Oak Park
Oak Park is Pleasant Ridge's neighbor to the west. Housing prices there are substantially less expensive. The median home in Oak Park costs $117,700, which is $228,400 (194%) lower than Pleasant Ridge. Its rents are somewhat less expensive. In Oak Park the median monthly rent is $1,120, which is $325 (29%) lower than Pleasant Ridge.
Royal Oak
Royal Oak is Pleasant Ridge's neighbor to the north. Its housing prices are a lot less expensive. The value of the median home in Royal Oak is $224,600, which is $121,500 (54%) lower than Pleasant Ridge. Rent there is substantially less expensive. The median rent in Royal Oak is $1,079 per month, which works out to $366 (33%) lower than Pleasant Ridge.
Hazel Park
Hazel Park is about 2 miles east from Pleasant Ridge. Housing prices there are a lot less expensive. The median home price in Hazel Park is $73,600, which comes out to $272,500 (370%) lower than Pleasant Ridge. Its rents are a lot less expensive. In Hazel Park the median monthly rent is $978, which works out to $467 (47%) lower than Pleasant Ridge.
