The Most Affordable Neighborhoods in Clare, MI by Home Value

 

Clare, MI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Clare area can be challenging. Home prices in Clare are now at a median cost of $126,295, lower than the Michigan average of $196,062.

The average cost of rent is $726/mo in Clare, primarily driven by the current value of real estate in the Clare area. While nearly 37.81% of residents own their homes outright in Clare, 27.08% rent.

Housing affordability isn’t just about home prices, though. The average household income in Clare is $4,609 per month. Households that rent pay about 15.76% of their income on rent here. Clare's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.


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