Home prices
The median home value in Rochester Hills is $295,000. Compared to its surrounding areas it is approximately $84,980 (40%) higher.It is roughly $77,500 (35%) higher compared to the entire nation, and in comparison to the city of Detroit it is about $245,800 (499%) higher.
Rents
In Rochester Hills the median monthly rent is $1,287. This is about $272 (26%) higher in comparison to other places in this area.It is about $225 (21%) higher in comparison to the entire country, and it is approximately $463 (56%) higher in comparison to the city of Detroit.
Nearby places
Rochester
Rochester is Rochester Hills's neighbor to the northeast. Its housing prices are a bit more expensive. The median home in Rochester is valued at $366,100, which comes out to $71,100 (19%) higher than Rochester Hills. Rent there is a little less expensive. In Rochester the median rent is $1,046 a month, which comes out to $241 (23%) lower than Rochester Hills.
Auburn Hills
Auburn Hills is Rochester Hills's neighbor to the west. Real estate prices there are significantly less expensive. Auburn Hills's median home cost is $158,600, which is $136,400 (86%) lower than Rochester Hills. Rent there is somewhat less expensive. Auburn Hills's median rent is $1,117 per month, which comes out to $170 (15%) lower than Rochester Hills.
Troy
Troy is Rochester Hills's neighbor to the south. Its housing prices are pretty similar. The median home price in Troy is $301,500, which comes out to $6,500 (2%) higher than Rochester Hills. Its rents are a bit less expensive. Troy's median rent is $1,215 per month, which is $72 (5%) lower than Rochester Hills.
Pontiac
Pontiac is about 5 miles west of Rochester Hills. Its real estate prices are substantially less expensive. Pontiac's median home price is $67,100, which works out to $227,900 (339%) lower than Rochester Hills. Rent there is a lot less expensive. Pontiac's median monthly rent is $815, which works out to $472 (57%) lower than Rochester Hills.
Utica
Utica is approximately 6 miles east of Rochester Hills. Its housing prices are substantially less expensive. Utica's median home price is $156,800, which works out to $138,200 (88%) lower than Rochester Hills. Rent there is a lot less expensive. Utica's median rent is $884 a month, which comes out to $403 (45%) lower than Rochester Hills.
