The Most Affordable Neighborhoods in Bay County, MI by Home Value

Home Price Key

These days, finding an affordable place to live in the Bay County area can be challenging. Home prices in Bay County are now at a median cost of $120,617, lower than the Michigan average of $196,062.

The average cost of rent is $805/mo in Bay County, primarily driven by the current value of real estate in the Bay County area. While nearly 48.50% of residents own their homes outright in Bay County, 21.76% rent.

Housing affordability isn’t just about home prices, though. The average household income in Bay County is $4,725 per month. Households that rent pay about 17.04% of their income on rent here. Bay County's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the county.

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