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These days, finding an affordable place to live in the Charlevoix area can be challenging. Home prices in Charlevoix are now at a median cost of $303,293, higher than the Michigan average of $250,415.
The average cost of rent is $1,113/mo in Charlevoix, primarily driven by the current value of real estate in the Charlevoix area. In Charlevoix, 19.32% of households rent, and 44.66% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Charlevoix is $6,607 per month. Households that rent pay about 16.85% of their income on rent here. Charlevoix’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ironton, MI: higher priced homes
- Burgess, MI: equally priced homes
- Horton Bay, MI: equally priced homes
- Norwood, MI: equally priced homes
- Bay Shore, MI: higher priced homes
- Ellsworth, MI: less expensive homes
- Zenith Heights, MI: higher priced homes
- Boyne City, MI: equally priced homes
- East Jordan, MI: less expensive homes
- Eastport, MI: higher priced homes
Cities with Similar Populations
- Pine Grove, PA: less expensive homes
- Pea Ridge, AR: equally priced homes
- Pelham, GA: less expensive homes
- Pelion, SC: less expensive homes
- Pemberton, NJ: equally priced homes
- Peoria Heights, IL: less expensive homes
- Perry Heights, OH: less expensive homes
- Perry, MI: less expensive homes
- Pevely, MO: less expensive homes
- Philipsburg, PA: less expensive homes
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