Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Allegan area can be challenging. Home prices in Allegan are now at a median cost of $147,232, lower than the Michigan average of $196,062.
The average cost of rent is $905/mo in Allegan, primarily driven by the current value of real estate in the Allegan area. While nearly 34.91% of residents own their homes outright in Allegan, 20.37% rent.
Housing affordability isn’t just about home prices, though. The average household income in Allegan is $4,878 per month. Households that rent pay about 18.56% of their income on rent here. Allegan's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
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Cities with Similar Populations
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- Starke, FL: equally priced homes
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- Fort Stockton, TX: less expensive homes
- Speedway, IN: equally priced homes
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