The Most Affordable Neighborhoods in Alcona County, MI by Home Value

 

Alcona County, MI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Alcona County area can be challenging. Home prices in Alcona County are now at a median cost of $123,207, lower than the Michigan average of $196,062.

The average cost of rent is $782/mo in Alcona County, primarily driven by the current value of real estate in the Alcona County area. While nearly 53.98% of residents own their homes outright in Alcona County, 10.43% rent.

Housing affordability isn’t just about home prices, though. The average household income in Alcona County is $4,082 per month. Households that rent pay about 19.16% of their income on rent here. Alcona County's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the county.


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