
Home Price Key
These days, finding an affordable place to live in the Cloverdale area can be challenging. Home prices in Cloverdale are now at a median cost of $170,854, lower than the Michigan average of $196,062.
The average cost of rent is $1,071/mo in Cloverdale, primarily driven by the current value of real estate in the Cloverdale area. While nearly 39.29% of residents own their homes outright in Cloverdale, 13.04% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cloverdale is $5,836 per month. Households that rent pay about 18.36% of their income on rent here. Cloverdale's most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Schultz, MI: equally priced homes
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- Lacey, MI: equally priced homes
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Cities with Similar Populations
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- Veyo, UT: higher priced homes
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