Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Alto area can be challenging. Home prices in Alto are now at a median cost of $305,767, higher than the Michigan average of $196,062.
The average cost of rent is $1,152/mo in Alto, primarily driven by the current value of real estate in the Alto area. While nearly 31.10% of residents own their homes outright in Alto, 3.58% rent.
Housing affordability isn’t just about home prices, though. The average household income in Alto is $8,905 per month. Households that rent pay about 12.94% of their income on rent here. Alto's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- McCords, MI: higher priced homes
- Bowne Center, MI: less expensive homes
- Caledonia, MI: less expensive homes
- Elmdale, MI: less expensive homes
- Dutton, MI: equally priced homes
- Forest Hills, MI: higher priced homes
- Irving, MI: less expensive homes
- Freeport, MI: less expensive homes
- Lowell, MI: less expensive homes
- Middleville, MI: less expensive homes
Cities with Similar Populations
- Sunset Hills, MO: higher priced homes
- Maplewood, MO: less expensive homes
- Sugarmill Woods, FL: less expensive homes
- Mammoth Lakes, CA: higher priced homes
- Cape Elizabeth, ME: higher priced homes
- Madisonville, TX: less expensive homes
- Capistrano Beach, CA: higher priced homes
- Sumrall, MS: less expensive homes
- Libby, MT: less expensive homes
- Camilla, GA: less expensive homes
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