Home Price Key
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Average
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These days, finding an affordable place to live in the Cadillac area can be challenging. Home prices in Cadillac are now at a median cost of $143,883, lower than the Michigan average of $196,062.
The average cost of rent is $754/mo in Cadillac, primarily driven by the current value of real estate in the Cadillac area. While nearly 44.71% of residents own their homes outright in Cadillac, 21.92% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cadillac is $4,904 per month. Households that rent pay about 15.38% of their income on rent here. Cadillac's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Boon, MI: equally priced homes
- Meauwataka, MI: less expensive homes
- Dighton, MI: equally priced homes
- McBain, MI: equally priced homes
- Tustin, MI: less expensive homes
- Manton, MI: less expensive homes
- Lake City, MI: equally priced homes
- Ina, MI: equally priced homes
- Pisgah Heights, MI: less expensive homes
- Le Roy, MI: less expensive homes
Cities with Similar Populations
- North Canton, OH: higher priced homes
- Mineral Wells, TX: equally priced homes
- Monroe, CT: higher priced homes
- Morton, IL: higher priced homes
- Mount Joy, PA: higher priced homes
- Mount Morris, MI: less expensive homes
- Mukwonago, WI: higher priced homes
- Murphy, NC: higher priced homes
- New Haven, IN: less expensive homes
- New Hyde Park, NY: higher priced homes
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