Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Arnold area can be challenging. Home prices in Arnold are now at a median cost of $100,000, lower than the Michigan average of $196,062.
The average cost of rent is $727/mo in Arnold, primarily driven by the current value of real estate in the Arnold area. While nearly 54.76% of residents own their homes outright in Arnold, 9.48% rent.
Housing affordability isn’t just about home prices, though. The average household income in Arnold is $3,672 per month. Households that rent pay about 19.80% of their income on rent here. Arnold's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Trombly, MI: higher priced homes
- La Branch, MI: higher priced homes
- St. Nicholas, MI: higher priced homes
- Northland, MI: higher priced homes
- Lathrop, MI: higher priced homes
- Perronville, MI: higher priced homes
- Hardwood, MI: higher priced homes
- Hylas, MI: higher priced homes
- McFarland, MI: higher priced homes
- Rock, MI: higher priced homes
Cities with Similar Populations
- Pointe Aux Barques, MI: higher priced homes
- Sargent, TX: higher priced homes
- Samantha, OH: higher priced homes
- Rye Patch, NV: higher priced homes
- Rosston, TX: higher priced homes
- Rome, WI: higher priced homes
- Rocky Branch, TX: equally priced homes
- Roanoke, WV: higher priced homes
- Deerton, MI: higher priced homes
- Dell, MT: higher priced homes
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