Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Alger County area can be challenging. Home prices in Alger County are now at a median cost of $143,795, lower than the Michigan average of $196,062.
The average cost of rent is $701/mo in Alger County, primarily driven by the current value of real estate in the Alger County area. While nearly 51.87% of residents own their homes outright in Alger County, 18.62% rent.
Housing affordability isn’t just about home prices, though. The average household income in Alger County is $4,005 per month. Households that rent pay about 17.50% of their income on rent here. Alger County's most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the county.
Nearby Counties
- Marquette County, MI: higher priced homes
- Luce County, MI: less expensive homes
- Chippewa County, MI: less expensive homes
- Gogebic County, MI: less expensive homes
- Iron County, WI: higher priced homes
- Ashland County, WI: equally priced homes
- Crow Wing County, MN: higher priced homes
- Otter Tail County, MN: higher priced homes
- Wilkin County, MN: higher priced homes
- Richland County, ND: higher priced homes
Counties with Similar Populations
- Bamberg County, SC: less expensive homes
- Divide County, ND: equally priced homes
- Lake County, OR: higher priced homes
- Clinch County, GA: less expensive homes
- Sioux County, ND: less expensive homes
- Oneida County, ID: higher priced homes
- Washington County, ID: higher priced homes
- Sierra County, NM: less expensive homes
- Sierra County, CA: higher priced homes
- Humboldt County, NV: higher priced homes
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