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Affordable
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These days, finding an affordable place to live in the Ceresco area can be challenging. Home prices in Ceresco are now at a median cost of $261,351, higher than the Michigan average of $250,415.
The average cost of rent is $1,012/mo in Ceresco, primarily driven by the current value of real estate in the Ceresco area. In Ceresco, 7.31% of households rent, and 38.54% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ceresco is $7,214 per month. Households that rent pay about 14.02% of their income on rent here. Ceresco’s most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Old Mill Gardens, MI: less expensive homes
- Joppa, MI: less expensive homes
- Wrights Corners, MI: less expensive homes
- Urbandale, MI: higher priced homes
- Burlington, MI: less expensive homes
- Battle Creek, MI: less expensive homes
- East Leroy, MI: less expensive homes
- Marshall, MI: less expensive homes
- Brownlee Park, MI: less expensive homes
- Springfield, MI: less expensive homes
Cities with Similar Populations
- Traer, IA: less expensive homes
- Amenia, NY: higher priced homes
- Knotts Island, NC: higher priced homes
- Sheridan, CA: higher priced homes
- Clarkrange, TN: less expensive homes
- Russells Point, OH: less expensive homes
- Orland, ME: equally priced homes
- Hindman, KY: less expensive homes
- Onondaga, MI: equally priced homes
- Newville, AL: less expensive homes
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