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Affordable
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These days, finding an affordable place to live in the Diorite area can be challenging. Home prices in Diorite are now at a median cost of $180,210, lower than the Michigan average of $250,415.
The average cost of rent is $854/mo in Diorite, primarily driven by the current value of real estate in the Diorite area. In Diorite, 6.36% of households rent, and 51.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Diorite is $7,242 per month. Households that rent pay about 11.79% of their income on rent here. Diorite’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- North Lake, MI: equally priced homes
- Champion, MI: equally priced homes
- Ishpeming, MI: less expensive homes
- National Mine, MI: higher priced homes
- Negaunee, MI: higher priced homes
- Republic, MI: less expensive homes
- Palmer, MI: less expensive homes
- Michigamme, MI: equally priced homes
- Witch Lake, MI: less expensive homes
- Trowbridge Park, MI: higher priced homes
Cities with Similar Populations
- Clifford, IN: equally priced homes
- Troy, SC: less expensive homes
- Trinchera, CO: higher priced homes
- Trenton, UT: higher priced homes
- Transylvania, LA: less expensive homes
- Torrance, PA: equally priced homes
- Toomey, LA: less expensive homes
- Toland, PA: higher priced homes
- Tocowa, MS: less expensive homes
- Three Brothers, AR: equally priced homes
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