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These days, finding an affordable place to live in the Auburn area can be challenging. Home prices in Auburn are now at a median cost of $174,990, lower than the Michigan average of $250,415.
The average cost of rent is $1,086/mo in Auburn, primarily driven by the current value of real estate in the Auburn area. In Auburn, 18.53% of households rent, and 43.10% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Auburn is $7,300 per month. Households that rent pay about 14.87% of their income on rent here. Auburn’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Fisherville, MI: equally priced homes
- Willard, MI: higher priced homes
- Mapleton, MI: higher priced homes
- University Center, MI: higher priced homes
- Kawkawlin, MI: equally priced homes
- Freeland, MI: higher priced homes
- Tobico Beach, MI: equally priced homes
- Midland, MI: higher priced homes
- Killarney Beach, MI: higher priced homes
- Bay City, MI: less expensive homes
Cities with Similar Populations
- Clay City, KY: less expensive homes
- New Concord, OH: higher priced homes
- Southampton, MA: higher priced homes
- Hiawassee, GA: higher priced homes
- Meadows Place, TX: higher priced homes
- South Pasadena, FL: higher priced homes
- Johnsonville, SC: less expensive homes
- South Grafton, MA: higher priced homes
- Clay Center, KS: less expensive homes
- Southport, CT: higher priced homes
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