
Home Price Key
These days, finding an affordable place to live in the Cambridge Junction area can be challenging. Home prices in Cambridge Junction are now at a median cost of $184,332, lower than the Michigan average of $196,062.
The average cost of rent is $873/mo in Cambridge Junction, primarily driven by the current value of real estate in the Cambridge Junction area. While nearly 33.38% of residents own their homes outright in Cambridge Junction, 10.37% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cambridge Junction is $5,649 per month. Households that rent pay about 15.46% of their income on rent here. Cambridge Junction's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
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