Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Alpena Junction area can be challenging. Home prices in Alpena Junction are now at a median cost of $142,047, lower than the Michigan average of $196,062.
The average cost of rent is $695/mo in Alpena Junction, primarily driven by the current value of real estate in the Alpena Junction area. While nearly 44.55% of residents own their homes outright in Alpena Junction, 21.13% rent.
Housing affordability isn’t just about home prices, though. The average household income in Alpena Junction is $3,956 per month. Households that rent pay about 17.57% of their income on rent here. Alpena Junction's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Alpena, MI: less expensive homes
- Cathro, MI: less expensive homes
- Bell, MI: higher priced homes
- Herron, MI: less expensive homes
- Ossineke, MI: less expensive homes
- Presque Isle, MI: higher priced homes
- Spratt, MI: less expensive homes
- Hubbard Lake, MI: equally priced homes
- Lachine, MI: less expensive homes
- Posen, MI: less expensive homes
Cities with Similar Populations
- Adair, IA: equally priced homes
- Antwerp, NY: less expensive homes
- Wendover, UT: higher priced homes
- Cable, WI: higher priced homes
- Medford, OK: less expensive homes
- Center, MO: less expensive homes
- Aaronsburg, PA: higher priced homes
- Garden Prairie, IL: higher priced homes
- Shortville, WI: equally priced homes
- Elwood, KS: less expensive homes
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