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These days, finding an affordable place to live in the Burton area can be challenging. Home prices in Burton are now at a median cost of $140,570, lower than the Michigan average of $250,415.
The average cost of rent is $1,053/mo in Burton, primarily driven by the current value of real estate in the Burton area. In Burton, 23.72% of households rent, and 45.58% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Burton is $5,287 per month. Households that rent pay about 19.92% of their income on rent here. Burton’s most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Flint, MI: less expensive homes
- Grand Blanc, MI: higher priced homes
- Davison, MI: higher priced homes
- Atlas, MI: higher priced homes
- Beecher, MI: less expensive homes
- Russellville, MI: higher priced homes
- Rankin, MI: higher priced homes
- Genesee, MI: higher priced homes
- Mount Morris, MI: less expensive homes
- Goodrich, MI: higher priced homes
Cities with Similar Populations
- Stafford, TX: higher priced homes
- Denison, TX: higher priced homes
- Tualatin, OR: higher priced homes
- Tewksbury, MA: higher priced homes
- East Haven, CT: higher priced homes
- East Northport, NY: higher priced homes
- Terrell, TX: higher priced homes
- Elmira, NY: less expensive homes
- Summerfield, FL: higher priced homes
- Fitchburg, WI: higher priced homes
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