Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cedar area can be challenging. Home prices in Cedar are now at a median cost of $265,581, higher than the Michigan average of $196,062.
The average cost of rent is $963/mo in Cedar, primarily driven by the current value of real estate in the Cedar area. While nearly 39.35% of residents own their homes outright in Cedar, 7.08% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cedar is $5,880 per month. Households that rent pay about 16.38% of their income on rent here. Cedar's most expensive areas are in the western regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Solon, MI: equally priced homes
- Glen Haven, MI: equally priced homes
- Isadore, MI: higher priced homes
- Maple City, MI: equally priced homes
- Greilickville, MI: equally priced homes
- Lake Leelanau, MI: higher priced homes
- Lake Ann, MI: less expensive homes
- Glen Arbor, MI: higher priced homes
- Traverse City, MI: equally priced homes
- Maple Grove, MI: less expensive homes
Cities with Similar Populations
- Huntsville, UT: higher priced homes
- Crawford, GA: less expensive homes
- Redland, TX: less expensive homes
- Venersborg, WA: higher priced homes
- Wagner, SD: less expensive homes
- Eaton, IN: less expensive homes
- Duchesne, UT: less expensive homes
- Dayton, MD: higher priced homes
- Danbury, WI: less expensive homes
- Clinton, ME: less expensive homes
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