Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Alpena area can be challenging. Home prices in Alpena are now at a median cost of $151,760, lower than the South Dakota average of $199,518.
The average cost of rent is $780/mo in Alpena, primarily driven by the current value of real estate in the Alpena area. While nearly 60.27% of residents own their homes outright in Alpena, 13.75% rent.
Housing affordability isn’t just about home prices, though. The average household income in Alpena is $6,499 per month. Households that rent pay about 12.00% of their income on rent here. Alpena's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Virgil, SD: less expensive homes
- Lane, SD: equally priced homes
- Woonsocket, SD: less expensive homes
- Wessington Springs, SD: less expensive homes
- Morningside, SD: higher priced homes
- Huron, SD: less expensive homes
- Forestburg, SD: less expensive homes
- Wolsey, SD: less expensive homes
- Cavour, SD: higher priced homes
- Storla, SD: less expensive homes
Cities with Similar Populations
- Adak, AK: higher priced homes
- River Ranch, FL: less expensive homes
- Hallidayboro, IL: less expensive homes
- Hunt, AZ: higher priced homes
- Glenwood, WA: higher priced homes
- Princeton, MI: higher priced homes
- Frankfort, TN: less expensive homes
- Piseco, NY: higher priced homes
- Fence Lake, NM: less expensive homes
- Kit Carson, CO: equally priced homes
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