Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Alden area can be challenging. Home prices in Alden are now at a median cost of $226,461, higher than the Michigan average of $196,062.
The average cost of rent is $896/mo in Alden, primarily driven by the current value of real estate in the Alden area. While nearly 56.96% of residents own their homes outright in Alden, 12.04% rent.
Housing affordability isn’t just about home prices, though. The average household income in Alden is $5,900 per month. Households that rent pay about 15.19% of their income on rent here. Alden's most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Rapid City, MI: less expensive homes
- Torch River, MI: higher priced homes
- Clam River, MI: higher priced homes
- Bellaire, MI: equally priced homes
- North Arms, MI: higher priced homes
- Elk Rapids, MI: higher priced homes
- Mancelona, MI: less expensive homes
- Kewadin, MI: higher priced homes
- Green River, MI: less expensive homes
- Wetzel, MI: less expensive homes
Cities with Similar Populations
- Cape Vincent, NY: equally priced homes
- Bratenahl, OH: higher priced homes
- Rucker, CA: higher priced homes
- Edisto Island, SC: higher priced homes
- Kimper, KY: less expensive homes
- Marcus, IA: less expensive homes
- Leesville, TX: equally priced homes
- Mathias, WV: less expensive homes
- Fannett, TX: less expensive homes
- Valles Mines, MO: less expensive homes
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