Home Price Key
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Average
Expensive
These days, finding an affordable place to live in the Dollar Bay area can be challenging. Home prices in Dollar Bay are now at a median cost of $203,310, higher than the Michigan average of $196,062.
The average cost of rent is $738/mo in Dollar Bay, primarily driven by the current value of real estate in the Dollar Bay area. While nearly 51.70% of residents own their homes outright in Dollar Bay, 37.16% rent.
Housing affordability isn’t just about home prices, though. The average household income in Dollar Bay is $3,785 per month. Households that rent pay about 19.50% of their income on rent here. Dollar Bay's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Houghton, MI: equally priced homes
- Senter, MI: less expensive homes
- Hancock, MI: less expensive homes
- Dodgeville, MI: equally priced homes
- Hubbell, MI: less expensive homes
- Chassell, MI: less expensive homes
- Atlantic Mine, MI: equally priced homes
- Osceola, MI: less expensive homes
- Lake Linden, MI: less expensive homes
- South Range, MI: less expensive homes
Cities with Similar Populations
- Susquehanna, PA: less expensive homes
- Creekside, PA: less expensive homes
- Deer Trail, CO: higher priced homes
- Delta, AL: less expensive homes
- Encinal, TX: less expensive homes
- Ferguson, NC: less expensive homes
- Silverwood, MI: less expensive homes
- Spring Lake, FL: higher priced homes
- Stanfield, AZ: less expensive homes
- Starksboro, VT: higher priced homes
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