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These days, finding an affordable place to live in the Eaton Rapids area can be challenging. Home prices in Eaton Rapids are now at a median cost of $208,332, lower than the Michigan average of $250,415.
The average cost of rent is $960/mo in Eaton Rapids, primarily driven by the current value of real estate in the Eaton Rapids area. In Eaton Rapids, 17.70% of households rent, and 35.47% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Eaton Rapids is $6,644 per month. Households that rent pay about 14.46% of their income on rent here. Eaton Rapids’s most expensive areas are in the southeastern 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
- Petrieville, MI: higher priced homes
- Kinneville, MI: higher priced homes
- Onondaga, MI: higher priced homes
- West Windsor, MI: higher priced homes
- Springport, MI: less expensive homes
- Charlotte, MI: less expensive homes
- Dimondale, MI: higher priced homes
- Potterville, MI: less expensive homes
- Duck Lake, MI: equally priced homes
- Holt, MI: higher priced homes
Cities with Similar Populations
- Inwood, WV: higher priced homes
- Skiatook, OK: equally priced homes
- Signal Hill, CA: higher priced homes
- Shingle Springs, CA: higher priced homes
- Seven Hills, OH: higher priced homes
- Schiller Park, IL: higher priced homes
- Jupiter Farms, FL: higher priced homes
- Jericho, NY: higher priced homes
- Jefferson Hills, PA: higher priced homes
- Jefferson City, TN: higher priced homes
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