
Home Price Key
These days, finding an affordable place to live in the Clarklake area can be challenging. Home prices in Clarklake are now at a median cost of $252,317, higher than the Michigan average of $196,062.
The average cost of rent is $956/mo in Clarklake, primarily driven by the current value of real estate in the Clarklake area. While nearly 38.51% of residents own their homes outright in Clarklake, 8.31% rent.
Housing affordability isn’t just about home prices, though. The average household income in Clarklake is $7,585 per month. Households that rent pay about 12.61% of their income on rent here. Clarklake's most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Liberty, MI: less expensive homes
- Jefferson, MI: less expensive homes
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- Somerset, MI: less expensive homes
- Somerset Center, MI: less expensive homes
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- Jerome, MI: less expensive homes
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- Horton, MI: less expensive homes
- Napoleon, MI: less expensive homes
Cities with Similar Populations
- Williamsburg, CO: less expensive homes
- Parkside, PA: less expensive homes
- Post Oak Bend City, TX: equally priced homes
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- Smyrna Landing, DE: higher priced homes
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- Dresser, WI: less expensive homes
- Dermott, AR: less expensive homes
- Conneaut Lakeshore, PA: less expensive homes
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