Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Bailey area can be challenging. Home prices in Bailey are now at a median cost of $221,232, higher than the East Lansing average of $205,365.
The average cost of rent is $966/mo in Bailey, primarily driven by the current value of real estate in the Bailey area. While nearly 31.41% of residents own their homes outright in Bailey, 67.60% rent.
Housing affordability isn’t just about home prices, though. The average household income in Bailey is $4,060 per month. Households that rent pay about 23.80% of their income on rent here. Bailey's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Nearby Neighborhoods
- Eastside Lansing, Lansing, MI: less expensive homes
- Old Town, Lansing, MI: less expensive homes
- Forest View, Lansing, MI: less expensive homes
- Downtown Lansing, Lansing, MI: less expensive homes
- Old Everett, Lansing, MI: less expensive homes
- Westside Lansing, Lansing, MI: less expensive homes
- Northwestside, Lansing, MI: less expensive homes
- Southside, Lansing, MI: less expensive homes
- Downtown Village of Holly, Holly, MI: less expensive homes
- Abbot, Ann Arbor, MI: higher priced homes
Neighborhoods with Similar Populations
- Zenith, Des Moines, WA: higher priced homes
- Urbanizacion Levittown Lakes, Toa Baja, PR: less expensive homes
- Traditions, Aurora, CO: higher priced homes
- Torringford, Torrington, CT: less expensive homes
- Far Southside, Abilene, TX: equally priced homes
- First Ward, Binghamton, NY: less expensive homes
- Fort Phantom Area, Abilene, TX: less expensive homes
- Greendale, Worcester, MA: higher priced homes
- Hadwen Park, Worcester, MA: higher priced homes
- St. Johns, Portland, OR: higher priced homes
All Local Stats
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