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These days, finding an affordable place to live in the Channing area can be challenging. Home prices in Channing are now at a median cost of $160,303, lower than the Michigan average of $250,415.
The average cost of rent is $1,238/mo in Channing, primarily driven by the current value of real estate in the Channing area. In Channing, 11.53% of households rent, and 59.34% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Channing is $6,218 per month. Households that rent pay about 19.91% of their income on rent here. Channing’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sagola, MI: equally priced homes
- Witch Lake, MI: less expensive homes
- Tobin Location, MI: less expensive homes
- Randville, MI: equally priced homes
- Shafer Location, MI: less expensive homes
- Metropolitan, MI: higher priced homes
- Crystal Falls, MI: less expensive homes
- Felch, MI: higher priced homes
- Ralph, MI: less expensive homes
- Republic, MI: less expensive homes
Cities with Similar Populations
- Leonore, IL: equally priced homes
- Overcup, AR: equally priced homes
- Otter Rock, OR: higher priced homes
- Ocoonita, VA: less expensive homes
- O'Kean, AR: less expensive homes
- Norwood, IA: equally priced homes
- North Hampton, IL: higher priced homes
- Lost Valley, NY: higher priced homes
- Los Prados, PR: higher priced homes
- Lorella, OR: higher priced homes
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