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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 $150,561, lower than the Michigan average of $250,415.
The average cost of rent is $977/mo in Athens, primarily driven by the current value of real estate in the Athens area. In Athens, 13.93% of households rent, and 49.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Athens is $5,290 per month. Households that rent pay about 18.48% of their income on rent here. Athens’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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Cities with Similar Populations
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