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Affordable
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These days, finding an affordable place to live in the Alanson area can be challenging. Home prices in Alanson are now at a median cost of $266,308, higher than the Michigan average of $250,415.
The average cost of rent is $1,083/mo in Alanson, primarily driven by the current value of real estate in the Alanson area. In Alanson, 17.42% of households rent, and 37.86% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Alanson is $6,973 per month. Households that rent pay about 15.53% of their income on rent here. Alanson’s most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Oden, MI: less expensive homes
- Burt Lake, MI: less expensive homes
- Conway, MI: equally priced homes
- Epsilon, MI: equally priced homes
- Brutus, MI: higher priced homes
- Wildwood, MI: equally priced homes
- Pellston, MI: less expensive homes
- Petoskey, MI: higher priced homes
- Harbor Springs, MI: higher priced homes
- Indian River, MI: equally priced homes
Cities with Similar Populations
- Sissonville, WV: less expensive homes
- Eagle Lake, TX: less expensive homes
- Bridgton, ME: higher priced homes
- San Joaquin, CA: equally priced homes
- Darien, GA: less expensive homes
- Pinedale, WY: higher priced homes
- Woodford, VA: higher priced homes
- Plainview, MN: equally priced homes
- Ovid, MI: less expensive homes
- Onalaska, WA: higher priced homes
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