Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Baraga area can be challenging. Home prices in Baraga are now at a median cost of $112,490, lower than the Michigan average of $196,062.
The average cost of rent is $509/mo in Baraga, primarily driven by the current value of real estate in the Baraga area. While nearly 43.26% of residents own their homes outright in Baraga, 29.24% rent.
Housing affordability isn’t just about home prices, though. The average household income in Baraga is $3,186 per month. Households that rent pay about 15.98% of their income on rent here. Baraga's most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- L'Anse, MI: less expensive homes
- Zeba, MI: equally priced homes
- Keweenaw Bay, MI: higher priced homes
- Pelkie, MI: higher priced homes
- Pequaming, MI: equally priced homes
- Elo, MI: higher priced homes
- Arnheim, MI: equally priced homes
- Herman, MI: higher priced homes
- Klingville, MI: higher priced homes
- Tapiola, MI: higher priced homes
Cities with Similar Populations
- Rentz, GA: less expensive homes
- Oak Hill, FL: higher priced homes
- Arlington, MN: higher priced homes
- Valley Mills, TX: higher priced homes
- Valley Home, CA: higher priced homes
- Screven, GA: higher priced homes
- Rockford, OH: higher priced homes
- Rector, AR: less expensive homes
- New Florence, PA: higher priced homes
- Morning View, KY: higher priced homes
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