Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Eastlake area can be challenging. Home prices in Eastlake are now at a median cost of $108,848, lower than the Michigan average of $196,062.
The average cost of rent is $697/mo in Eastlake, primarily driven by the current value of real estate in the Eastlake area. While nearly 54.14% of residents own their homes outright in Eastlake, 6.78% rent.
Housing affordability isn’t just about home prices, though. The average household income in Eastlake is $4,575 per month. Households that rent pay about 15.25% of their income on rent here. Eastlake's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Manistee, MI: higher priced homes
- Parkdale, MI: higher priced homes
- Newland, MI: higher priced homes
- Stronach, MI: higher priced homes
- Oak Hill, MI: higher priced homes
- Filer City, MI: higher priced homes
- Harrison Beach, MI: higher priced homes
- Red Park, MI: higher priced homes
- Norwalk, MI: higher priced homes
- Onekama, MI: higher priced homes
Cities with Similar Populations
- Burdette, IA: equally priced homes
- Wheeling, IN: less expensive homes
- Capel, GA: higher priced homes
- Caney, AR: higher priced homes
- Camp Leach, NC: higher priced homes
- Camp, AR: less expensive homes
- White Hall, VA: higher priced homes
- White Point Beach, MD: higher priced homes
- Whitelaw, NY: higher priced homes
- Whiterocks, UT: higher priced homes
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