Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Burr Oak area can be challenging. Home prices in Burr Oak are now at a median cost of $137,712, lower than the Michigan average of $196,062.
The average cost of rent is $811/mo in Burr Oak, primarily driven by the current value of real estate in the Burr Oak area. While nearly 49.60% of residents own their homes outright in Burr Oak, 13.64% rent.
Housing affordability isn’t just about home prices, though. The average household income in Burr Oak is $5,149 per month. Households that rent pay about 15.75% of their income on rent here. Burr Oak's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Findley, MI: higher priced homes
- Sturgis, MI: equally priced homes
- Bronson, MI: less expensive homes
- Shorecrest, MI: equally priced homes
- Fairfax, MI: less expensive homes
- Colon, MI: less expensive homes
- Nottawa, MI: higher priced homes
- Gilead, MI: equally priced homes
- Howe, IN: higher priced homes
- Wasepi, MI: equally priced homes
Cities with Similar Populations
- Crown City, OH: less expensive homes
- Rockport, ME: higher priced homes
- Fraser, CO: higher priced homes
- Florala, AL: less expensive homes
- Fleetwood, NC: higher priced homes
- Fillmore, UT: higher priced homes
- Moorcroft, WY: higher priced homes
- Estancia, NM: equally priced homes
- Eagle, MI: higher priced homes
- Crothersville, IN: less expensive homes
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