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Affordable
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These days, finding an affordable place to live in the Bad Axe area can be challenging. Home prices in Bad Axe are now at a median cost of $154,921, lower than the Michigan average of $250,415.
The average cost of rent is $782/mo in Bad Axe, primarily driven by the current value of real estate in the Bad Axe area. In Bad Axe, 28.87% of households rent, and 51.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bad Axe is $4,651 per month. Households that rent pay about 16.81% of their income on rent here. Bad Axe’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Filion, MI: equally priced homes
- Verona, MI: higher priced homes
- Rapson, MI: higher priced homes
- Elkton, MI: less expensive homes
- Ubly, MI: equally priced homes
- New Greenleaf, MI: higher priced homes
- Tyre, MI: less expensive homes
- Kinde, MI: equally priced homes
- Pinnebog, MI: equally priced homes
- Linkville, MI: higher priced homes
Cities with Similar Populations
- Marlboro, NY: higher priced homes
- Dellwood, MO: less expensive homes
- Delmont, PA: higher priced homes
- Martinsburg, PA: higher priced homes
- Delta, PA: higher priced homes
- Marshall, WI: higher priced homes
- Sunman, IN: higher priced homes
- Marlin, TX: less expensive homes
- Denton, NC: higher priced homes
- Marlborough, CT: higher priced homes
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