Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Ada area can be challenging. Home prices in Ada are now at a median cost of $339,792, higher than the Michigan average of $196,062.
The average cost of rent is $1,244/mo in Ada, primarily driven by the current value of real estate in the Ada area. While nearly 32.47% of residents own their homes outright in Ada, 6.20% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ada is $9,952 per month. Households that rent pay about 12.50% of their income on rent here. Ada's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Forest Hills, MI: higher priced homes
- Parnell, MI: equally priced homes
- Lowell, MI: less expensive homes
- Cannonsburg, MI: equally priced homes
- East Grand Rapids, MI: higher priced homes
- McCords, MI: equally priced homes
- Northview, MI: less expensive homes
- Grand Rapids, MI: less expensive homes
- Belmont, MI: less expensive homes
- Kentwood, MI: less expensive homes
Cities with Similar Populations
- Avalon, CA: higher priced homes
- Montross, VA: less expensive homes
- Pound Ridge, NY: higher priced homes
- East Dubuque, IL: less expensive homes
- Narcoossee, FL: equally priced homes
- Baltic, OH: less expensive homes
- Bethany, MO: less expensive homes
- Thorndale, PA: less expensive homes
- Elwood, IL: less expensive homes
- Port Gibson, MS: less expensive homes
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