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These days, finding an affordable place to live in the Coleman area can be challenging. Home prices in Coleman are now at a median cost of $140,713, lower than the Michigan average of $250,415.
The average cost of rent is $939/mo in Coleman, primarily driven by the current value of real estate in the Coleman area. In Coleman, 17.66% of households rent, and 49.42% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Coleman is $5,361 per month. Households that rent pay about 17.51% of their income on rent here. Coleman’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Loomis, MI: equally priced homes
- North Bradley, MI: higher priced homes
- Delwin, MI: equally priced homes
- Edenville, MI: higher priced homes
- Sanford, MI: higher priced homes
- Colonville, MI: higher priced homes
- Beaverton, MI: higher priced homes
- Leaton, MI: equally priced homes
- Hope, MI: higher priced homes
- Clare, MI: equally priced homes
Cities with Similar Populations
- Wheatland, CA: higher priced homes
- Winthrop, ME: higher priced homes
- Winona, TX: higher priced homes
- Windsor, VA: higher priced homes
- Winamac, IN: higher priced homes
- Wilsons Mills, NC: higher priced homes
- Wilder, ID: higher priced homes
- Whitewright, TX: higher priced homes
- West Buxton, ME: higher priced homes
- Wirtz, VA: higher priced homes
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