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These days, finding an affordable place to live in the Carleton area can be challenging. Home prices in Carleton are now at a median cost of $277,491, higher than the Michigan average of $250,415.
The average cost of rent is $1,116/mo in Carleton, primarily driven by the current value of real estate in the Carleton area. In Carleton, 10.12% of households rent, and 45.53% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Carleton is $6,702 per month. Households that rent pay about 16.65% of their income on rent here. Carleton’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Waltz, MI: equally priced homes
- Scofield, MI: equally priced homes
- New Boston, MI: equally priced homes
- Newport, MI: less expensive homes
- South Rockwood, MI: less expensive homes
- Oldport, MI: higher priced homes
- Flat Rock, MI: equally priced homes
- West Sumpter, MI: equally priced homes
- Maybee, MI: equally priced homes
- Monroe, MI: less expensive homes
Cities with Similar Populations
- Snowflake, AZ: equally priced homes
- Ludowici, GA: less expensive homes
- Luray, VA: equally priced homes
- Lusby, MD: higher priced homes
- Oak Hills, CA: higher priced homes
- Pryor, OK: less expensive homes
- Seven Points, TX: less expensive homes
- Sisters, OR: higher priced homes
- Skidaway Island, GA: higher priced homes
- Smiths Creek, MI: less expensive homes
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