Home prices
The median home in Rochester costs $366,100. It is approximately $170,300 (86%) higher in comparison to nearby areas.In comparison to the nation as a whole it is approximately $148,600 (68%) higher, and in comparison to the city of Detroit it is about $316,900 (644%) higher.
Rents
The median monthly rent in Rochester is $1,046. Compared to its surrounding areas it is roughly $18 (1%) lower.Compared to the country as a whole it is about $16 (1%) lower, and is roughly $222 (26%) higher in comparison to the city of Detroit.
Nearby places
Rochester Hills
Rochester Hills is Rochester's neighbor to the southwest. Housing prices there are a bit less expensive. The price of the median home in Rochester Hills is $295,000, which works out to $71,100 (24%) lower than Rochester. Rent there is a little more expensive. In Rochester Hills the median monthly rent is $1,287, which is $241 (18%) higher than Rochester.
Auburn Hills
Auburn Hills is about 5 miles west from Rochester. The real estate prices there are a lot less expensive. The median home in Auburn Hills is valued at $158,600, which is $207,500 (130%) lower than Rochester. The rent there is a little more expensive. Auburn Hills's median rent is $1,117 per month, which is $71 (6%) higher than Rochester.
Utica
Utica is roughly 5 miles southeast of Rochester. Housing prices there are substantially less expensive. The median home in Utica costs $156,800, which comes out to $209,300 (133%) lower than Rochester. Its rents are a little less expensive. The median rent in Utica is $884 a month, which is $162 (18%) lower than Rochester.
Troy
Troy is approximately 6 miles south of Rochester. Its real estate prices are somewhat less expensive. The median home in Troy is valued at $301,500, which comes out to $64,600 (21%) lower than Rochester. Its rents are a little more expensive. Troy's median monthly rent is $1,215, which comes out to $169 (13%) higher than Rochester.
Pontiac
Pontiac is roughly 7 miles west from Rochester. Real estate prices there are substantially less expensive. Pontiac's median home cost is $67,100, which is $299,000 (445%) lower than Rochester. Rent there is a little less expensive. In Pontiac the median rent is $815 a month, which works out to $231 (28%) lower than Rochester.
