Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Canton area can be challenging. Home prices in Canton are now at a median cost of $265,233, higher than the Michigan average of $196,062.
The average cost of rent is $1,539/mo in Canton, primarily driven by the current value of real estate in the Canton area. While nearly 34.02% of residents own their homes outright in Canton, 25.28% rent.
Housing affordability isn’t just about home prices, though. The average household income in Canton is $8,440 per month. Households that rent pay about 18.23% of their income on rent here. Canton's most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Plymouth, MI: higher priced homes
- Westland, MI: less expensive homes
- Wayne, MI: less expensive homes
- Garden City, MI: less expensive homes
- Belleville, MI: less expensive homes
- Northville, MI: higher priced homes
- Dixboro, MI: higher priced homes
- Livonia, MI: less expensive homes
- Inkster, MI: less expensive homes
- Ypsilanti, MI: less expensive homes
Cities with Similar Populations
- High Point, NC: less expensive homes
- Grand Prairie, TX: less expensive homes
- Hamilton, OH: less expensive homes
- Hemet, CA: less expensive homes
- Delray Beach, FL: higher priced homes
- Duluth, MN: less expensive homes
- Duluth, GA: higher priced homes
- Coral Springs, FL: higher priced homes
- Corpus Christi, TX: less expensive homes
- Deerfield Beach, FL: less expensive homes
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