Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Charlotte area can be challenging. Home prices in Charlotte are now at a median cost of $151,814, lower than the Michigan average of $196,062.
The average cost of rent is $779/mo in Charlotte, primarily driven by the current value of real estate in the Charlotte area. While nearly 34.31% of residents own their homes outright in Charlotte, 22.70% rent.
Housing affordability isn’t just about home prices, though. The average household income in Charlotte is $6,013 per month. Households that rent pay about 12.96% of their income on rent here. Charlotte's most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Chester, MI: higher priced homes
- Carlisle, MI: higher priced homes
- Potterville, MI: equally priced homes
- Gresham, MI: higher priced homes
- West Windsor, MI: higher priced homes
- Needmore, MI: higher priced homes
- Eaton Rapids, MI: equally priced homes
- Olivet, MI: equally priced homes
- Vermontville, MI: equally priced homes
- Petrieville, MI: higher priced homes
Cities with Similar Populations
- Union, MO: higher priced homes
- Geneva, NY: equally priced homes
- Clio, MI: less expensive homes
- Thompsons Station, TN: higher priced homes
- Clayton, MO: higher priced homes
- Gibsonton, FL: higher priced homes
- Cinco Ranch, TX: higher priced homes
- Gilbertsville, PA: higher priced homes
- Chickasha, OK: less expensive homes
- Chesnee, SC: equally priced homes
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