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These days, finding an affordable place to live in the Boyne Falls area can be challenging. Home prices in Boyne Falls are now at a median cost of $251,115, higher than the Michigan average of $250,415.
The average cost of rent is $946/mo in Boyne Falls, primarily driven by the current value of real estate in the Boyne Falls area. In Boyne Falls, 11.74% of households rent, and 47.81% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Boyne Falls is $6,740 per month. Households that rent pay about 14.04% of their income on rent here. Boyne Falls’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Walloon Lake, MI: equally priced homes
- Boyne City, MI: higher priced homes
- Clarion, MI: higher priced homes
- Wildwood, MI: equally priced homes
- Elmira, MI: less expensive homes
- Epsilon, MI: equally priced homes
- Vanderbilt, MI: less expensive homes
- Petoskey, MI: higher priced homes
- Zenith Heights, MI: higher priced homes
- East Jordan, MI: less expensive homes
Cities with Similar Populations
- White Oak, NC: less expensive homes
- Glyndon, MN: higher priced homes
- Axson, GA: less expensive homes
- Huntland, TN: less expensive homes
- Gordon, NE: less expensive homes
- Startzville, TX: higher priced homes
- Fairfield, VA: less expensive homes
- Sweet Springs, MO: less expensive homes
- The Plains, VA: higher priced homes
- Corydon, IA: less expensive homes
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