
Home Price Key
These days, finding an affordable place to live in the Breckenridge area can be challenging. Home prices in Breckenridge are now at a median cost of $109,359, lower than the Michigan average of $196,062.
The average cost of rent is $744/mo in Breckenridge, primarily driven by the current value of real estate in the Breckenridge area. While nearly 43.43% of residents own their homes outright in Breckenridge, 20.37% rent.
Housing affordability isn’t just about home prices, though. The average household income in Breckenridge is $5,095 per month. Households that rent pay about 14.61% of their income on rent here. Breckenridge's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
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Cities with Similar Populations
- Elroy, WI: higher priced homes
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- Kenton, TN: less expensive homes
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