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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 $366,791, higher than the Michigan average of $250,415.
The average cost of rent is $1,427/mo in Bridgewater, primarily driven by the current value of real estate in the Bridgewater area. In Bridgewater, 6.32% of households rent, and 37.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bridgewater is $9,135 per month. Households that rent pay about 15.62% of their income on rent here. Bridgewater’s most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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