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These days, finding an affordable place to live in the Benton Harbor area can be challenging. Home prices in Benton Harbor are now at a median cost of $129,621, lower than the Michigan average of $196,062.
The average cost of rent is $738/mo in Benton Harbor, primarily driven by the current value of real estate in the Benton Harbor area. While nearly 44.82% of residents own their homes outright in Benton Harbor, 46.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in Benton Harbor is $2,997 per month. Households that rent pay about 24.63% of their income on rent here. Benton Harbor's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Benton Heights, MI: less expensive homes
- Fair Plain, MI: less expensive homes
- Pearl Grange, MI: less expensive homes
- Twelve Corners, MI: higher priced homes
- St. Joseph, MI: higher priced homes
- Sodus, MI: equally priced homes
- Spinks Corners, MI: less expensive homes
- Shoreham, MI: higher priced homes
- Shanghai Corners, MI: higher priced homes
- Lake Michigan Beach, MI: higher priced homes
Cities with Similar Populations
- Point Pleasant, NJ: higher priced homes
- Farmington, CT: higher priced homes
- Farmingville, NY: higher priced homes
- Fillmore, CA: higher priced homes
- Red Hill, SC: higher priced homes
- Forest City, NC: equally priced homes
- Prineville, OR: higher priced homes
- Powhatan, VA: higher priced homes
- Portland, TX: higher priced homes
- Port Wentworth, GA: higher priced homes
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