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Affordable
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These days, finding an affordable place to live in the Augusta area can be challenging. Home prices in Augusta are now at a median cost of $340,775, higher than the Michigan average of $250,415.
The average cost of rent is $683/mo in Augusta, primarily driven by the current value of real estate in the Augusta area. In Augusta, 25.30% of households rent, and 38.45% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Augusta is $8,579 per month. Households that rent pay about 7.96% of their income on rent here. Augusta’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Level Park-Oak Park, MI: less expensive homes
- Howlandsburg, MI: equally priced homes
- Hickory Corners, MI: higher priced homes
- Springfield, MI: less expensive homes
- Richland, MI: equally priced homes
- Galesburg, MI: less expensive homes
- Battle Creek, MI: less expensive homes
- Climax, MI: less expensive homes
- Richland Junction, MI: less expensive homes
- Brownlee Park, MI: less expensive homes
Cities with Similar Populations
- Sugarloaf, PA: less expensive homes
- Waimanalo Beach, HI: higher priced homes
- New Auburn, WI: less expensive homes
- Millvale, PA: less expensive homes
- Sedalia, CO: higher priced homes
- Durham, ME: equally priced homes
- Johnson, VT: less expensive homes
- Thermopolis, WY: less expensive homes
- Howard Lake, MN: equally priced homes
- Spring Valley, MN: less expensive homes
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