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These days, finding an affordable place to live in the Barnes Lake-Millers Lake area can be challenging. Home prices in Barnes Lake-Millers Lake are now at a median cost of $216,100, lower than the Michigan average of $250,415.
The average cost of rent is $1,299/mo in Barnes Lake-Millers Lake, primarily driven by the current value of real estate in the Barnes Lake-Millers Lake area. In Barnes Lake-Millers Lake, 16.35% of households rent, and 25.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Barnes Lake-Millers Lake is $5,942 per month. Households that rent pay about 21.86% of their income on rent here. Barnes Lake-Millers Lake’s most expensive areas are in the central 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
- Five Lakes, MI: equally priced homes
- North Branch, MI: equally priced homes
- Columbiaville, MI: equally priced homes
- Fostoria, MI: less expensive homes
- Otter Lake, MI: less expensive homes
- Silverwood, MI: equally priced homes
- Hunters Creek, MI: equally priced homes
- Lapeer, MI: equally priced homes
- Lum, MI: higher priced homes
- Clifford, MI: less expensive homes
Cities with Similar Populations
- Eagleton, MT: less expensive homes
- Pine Lake, WI: higher priced homes
- Piercefield, NY: less expensive homes
- Iliamna, AK: higher priced homes
- Dry Lake, NV: higher priced homes
- Hunt, ID: higher priced homes
- Pickardville, ND: less expensive homes
- Lower San Francisco Plaza, NM: less expensive homes
- Honey Hill, SC: less expensive homes
- Lower Stanley, ID: higher priced homes
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