Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cathro area can be challenging. Home prices in Cathro are now at a median cost of $115,031, lower than the Michigan average of $196,062.
The average cost of rent is $717/mo in Cathro, primarily driven by the current value of real estate in the Cathro area. While nearly 45.19% of residents own their homes outright in Cathro, 10.88% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cathro is $3,999 per month. Households that rent pay about 17.94% of their income on rent here. Cathro's most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Alpena Junction, MI: higher priced homes
- Alpena, MI: equally priced homes
- Bell, MI: higher priced homes
- Herron, MI: equally priced homes
- Posen, MI: equally priced homes
- Presque Isle, MI: higher priced homes
- Lachine, MI: equally priced homes
- Spratt, MI: equally priced homes
- Metz, MI: equally priced homes
- Liske, MI: equally priced homes
Cities with Similar Populations
- Alexander, NY: equally priced homes
- Lozes, LA: equally priced homes
- Mineral Point, PA: higher priced homes
- Rushville, OH: higher priced homes
- Etna, OH: higher priced homes
- East Point, KY: higher priced homes
- Talkeetna, AK: higher priced homes
- Conway Springs, KS: higher priced homes
- Talona, GA: higher priced homes
- Clymer, NY: equally priced homes
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