
Home Price Key
These days, finding an affordable place to live in the Athens area can be challenging. Home prices in Athens are now at a median cost of $105,454, lower than the Michigan average of $196,062.
The average cost of rent is $729/mo in Athens, primarily driven by the current value of real estate in the Athens area. While nearly 45.14% of residents own their homes outright in Athens, 15.78% rent.
Housing affordability isn’t just about home prices, though. The average household income in Athens is $4,616 per month. Households that rent pay about 15.80% of their income on rent here. Athens's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
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