Home Price Key
Affordable
Average
Expensive
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 $228,953, higher than the Michigan average of $196,062.
The average cost of rent is $883/mo in Charlevoix, primarily driven by the current value of real estate in the Charlevoix area. While nearly 41.17% of residents own their homes outright in Charlevoix, 19.19% rent.
Housing affordability isn’t just about home prices, though. The average household income in Charlevoix is $5,750 per month. Households that rent pay about 15.35% of their income on rent here. Charlevoix's most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Ironton, MI: higher priced homes
- Burgess, MI: equally priced homes
- Horton Bay, MI: equally priced homes
- Norwood, MI: less expensive homes
- Bay Shore, MI: higher priced homes
- Ellsworth, MI: less expensive homes
- Zenith Heights, MI: equally 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: less expensive 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: equally priced homes
- Philipsburg, PA: less expensive homes
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