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These days, finding an affordable place to live in the Diamond Springs area can be challenging. Home prices in Diamond Springs are now at a median cost of $287,280, higher than the Michigan average of $250,415.
The average cost of rent is $1,307/mo in Diamond Springs, primarily driven by the current value of real estate in the Diamond Springs area. In Diamond Springs, 5.73% of households rent, and 42.03% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Diamond Springs is $7,781 per month. Households that rent pay about 16.79% of their income on rent here. Diamond Springs’s most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hamilton, MI: higher priced homes
- Burnips, MI: equally priced homes
- Dunningville, MI: equally priced homes
- South Monterey, MI: less expensive homes
- Dorr, MI: equally priced homes
- Hopkins, MI: equally priced homes
- Drenthe, MI: higher priced homes
- Millgrove, MI: less expensive homes
- North Dorr, MI: equally priced homes
- Forest Grove, MI: higher priced homes
Cities with Similar Populations
- Indian Mills, NJ: higher priced homes
- Sulphur Springs, AR: higher priced homes
- Stone Creek, OH: less expensive homes
- South Newbury, OH: equally priced homes
- Robeline, LA: less expensive homes
- Riverside, WA: equally priced homes
- Mooreland, IN: less expensive homes
- Milton, TN: higher priced homes
- Luther, MI: less expensive homes
- Laird Hill, TX: less expensive homes
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