Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Coloma area can be challenging. Home prices in Coloma are now at a median cost of $139,129, lower than the Michigan average of $196,062.
The average cost of rent is $834/mo in Coloma, primarily driven by the current value of real estate in the Coloma area. While nearly 40.86% of residents own their homes outright in Coloma, 23.71% rent.
Housing affordability isn’t just about home prices, though. The average household income in Coloma is $4,699 per month. Households that rent pay about 17.74% of their income on rent here. Coloma's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Hagar Shores, MI: higher priced homes
- Paw Paw Lake, MI: equally priced homes
- Watervliet, MI: equally priced homes
- Lake Michigan Beach, MI: higher priced homes
- Twelve Corners, MI: higher priced homes
- Toquin, MI: equally priced homes
- Spinks Corners, MI: less expensive homes
- Covert, MI: less expensive homes
- Hartford, MI: less expensive homes
- Benton Heights, MI: less expensive homes
Cities with Similar Populations
- Crookston, MN: higher priced homes
- Sugarcreek, OH: higher priced homes
- Sulphur, OK: equally priced homes
- Sultan, WA: higher priced homes
- Summerdale, AL: higher priced homes
- Tequesta, FL: higher priced homes
- Curtis Bay, MD: higher priced homes
- Cumberland Hill, RI: higher priced homes
- Crystal City, TX: less expensive homes
- Cross Plains, WI: higher priced homes
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