
Home Price Key
These days, finding an affordable place to live in the Bay Shore area can be challenging. Home prices in Bay Shore are now at a median cost of $255,310, higher than the Michigan average of $196,062.
The average cost of rent is $864/mo in Bay Shore, primarily driven by the current value of real estate in the Bay Shore area. While nearly 48.50% of residents own their homes outright in Bay Shore, 26.39% rent.
Housing affordability isn’t just about home prices, though. The average household income in Bay Shore is $5,146 per month. Households that rent pay about 16.79% of their income on rent here. Bay Shore's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Zenith Heights, MI: equally priced homes
- Burgess, MI: less expensive homes
- Horton Bay, MI: less expensive homes
- Petoskey, MI: equally priced homes
- Charlevoix, MI: less expensive homes
- Ironton, MI: higher priced homes
- Clarion, MI: equally priced homes
- Harbor Springs, MI: equally priced homes
- Walloon Lake, MI: less expensive homes
- Boyne City, MI: equally priced homes
Cities with Similar Populations
- Smith Mills, KY: less expensive homes
- Denhawken, TX: equally priced homes
- Siloam, TN: less expensive homes
- Neva, TN: less expensive homes
- Trigg Furnace, KY: equally priced homes
- Hodgson, TX: less expensive homes
- Torreon, NM: less expensive homes
- Portage, ME: less expensive homes
- Tooley Corners, PA: equally priced homes
- Highland Spring, KY: less expensive homes
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