
Home Price Key
These days, finding an affordable place to live in the Bridgewater area can be challenging. Home prices in Bridgewater are now at a median cost of $297,813, higher than the Michigan average of $196,062.
The average cost of rent is $1,271/mo in Bridgewater, primarily driven by the current value of real estate in the Bridgewater area. While nearly 38.01% of residents own their homes outright in Bridgewater, 5.96% rent.
Housing affordability isn’t just about home prices, though. The average household income in Bridgewater is $8,089 per month. Households that rent pay about 15.72% of their income on rent here. Bridgewater's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
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- Ann Arbor, MI: higher priced homes
- Chelsea, MI: equally priced homes
Cities with Similar Populations
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