Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cedar River area can be challenging. Home prices in Cedar River are now at a median cost of $155,644, lower than the Michigan average of $196,062.
The average cost of rent is $706/mo in Cedar River, primarily driven by the current value of real estate in the Cedar River area. While nearly 54.73% of residents own their homes outright in Cedar River, 19.75% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cedar River is $4,913 per month. Households that rent pay about 14.37% of their income on rent here. Cedar River's most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Fox, MI: equally priced homes
- Talbot, MI: less expensive homes
- Daggett, MI: less expensive homes
- Stephenson, MI: less expensive homes
- Ingalls, MI: less expensive homes
- Carney, MI: equally priced homes
- Wallace, MI: equally priced homes
- Nadeau, MI: less expensive homes
- Longrie, MI: less expensive homes
- Banat, MI: less expensive homes
Cities with Similar Populations
- Hissop, AL: higher priced homes
- Shiloh, AR: less expensive homes
- Shockoe, VA: less expensive homes
- Shumansville, VA: higher priced homes
- Shumla, NY: equally priced homes
- Sickles, MI: less expensive homes
- Siloam, MD: less expensive homes
- Silver Star, MT: higher priced homes
- Sinai, KY: higher priced homes
- Sixes, OR: higher priced homes
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