Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Durand area can be challenging. Home prices in Durand are now at a median cost of $116,743, lower than the Michigan average of $196,062.
The average cost of rent is $759/mo in Durand, primarily driven by the current value of real estate in the Durand area. While nearly 32.09% of residents own their homes outright in Durand, 25.42% rent.
Housing affordability isn’t just about home prices, though. The average household income in Durand is $4,500 per month. Households that rent pay about 16.86% of their income on rent here. Durand's most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Vernon, MI: less expensive homes
- Bancroft, MI: higher priced homes
- Shiawasseetown, MI: higher priced homes
- Lennon, MI: higher priced homes
- Gaines, MI: higher priced homes
- Byron, MI: higher priced homes
- New Salem, MI: higher priced homes
- Kerby, MI: equally priced homes
- Corunna, MI: equally priced homes
- Swartz Creek, MI: higher priced homes
Cities with Similar Populations
- Selkirk, NY: higher priced homes
- Houlton, ME: equally priced homes
- Idabel, OK: less expensive homes
- Potosi, MO: equally priced homes
- Rossford, OH: higher priced homes
- Rougemont, NC: higher priced homes
- San Diego, TX: less expensive homes
- Sand Lake, MI: higher priced homes
- Sanford, MI: higher priced homes
- Sanibel, FL: higher priced homes
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