Expensive
Affordable
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the Bannister area can be challenging. Home prices in Bannister are now at a median cost of $156,162, lower than the Michigan average of $250,415.
The average cost of rent is $861/mo in Bannister, primarily driven by the current value of real estate in the Bannister area. In Bannister, 22.16% of households rent, and 61.81% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bannister is $4,571 per month. Households that rent pay about 18.84% of their income on rent here. Bannister’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Fenmore, MI: less expensive homes
- Elsie, MI: higher priced homes
- Ashley, MI: equally priced homes
- Marion Springs, MI: less expensive homes
- Sickles, MI: equally priced homes
- Pompeii, MI: higher priced homes
- Brant, MI: equally priced homes
- Henderson, MI: higher priced homes
- Ovid, MI: higher priced homes
- Oakley, MI: equally priced homes
Cities with Similar Populations
- Lakeview, NC: higher priced homes
- Attica, KS: less expensive homes
- New Prospect, TN: higher priced homes
- Opelika, TX: higher priced homes
- Oneida, KY: less expensive homes
- Oak City, NC: less expensive homes
- Nutria, CO: higher priced homes
- Fowlerton, IN: equally priced homes
- Frankford, MO: less expensive homes
- Fulton, IN: less expensive homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood