Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Chester area can be challenging. Home prices in Chester are now at a median cost of $172,370, lower than the Michigan average of $196,062.
The average cost of rent is $1,023/mo in Chester, primarily driven by the current value of real estate in the Chester area. While nearly 39.04% of residents own their homes outright in Chester, 6.28% rent.
Housing affordability isn’t just about home prices, though. The average household income in Chester is $6,577 per month. Households that rent pay about 15.55% of their income on rent here. Chester's most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Carlisle, MI: equally priced homes
- Gresham, MI: equally priced homes
- Charlotte, MI: less expensive homes
- Vermontville, MI: less expensive homes
- Needmore, MI: higher priced homes
- Potterville, MI: less expensive homes
- Little Venice, MI: equally priced homes
- Nashville, MI: less expensive homes
- Olivet, MI: less expensive homes
- Mulliken, MI: equally priced homes
Cities with Similar Populations
- Chesterville, IL: higher priced homes
- New Site, MS: less expensive homes
- Winston, MT: higher priced homes
- Fenwood, WI: higher priced homes
- Mount Cory, OH: less expensive homes
- Farmersville Station, NY: less expensive homes
- Exeter, ME: less expensive homes
- Canehill, AR: less expensive homes
- Nicut, OK: less expensive homes
- Willisville, IL: less expensive homes
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