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These days, finding an affordable place to live in the Edgerton area can be challenging. Home prices in Edgerton are now at a median cost of $324,747, higher than the Michigan average of $250,415.
The average cost of rent is $1,110/mo in Edgerton, primarily driven by the current value of real estate in the Edgerton area. In Edgerton, 1.35% of households rent, and 26.42% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Edgerton is $10,701 per month. Households that rent pay about 10.37% of their income on rent here. Edgerton’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cedar Springs, MI: less expensive homes
- Rockford, MI: higher priced homes
- Sparta, MI: less expensive homes
- Belmont, MI: higher priced homes
- Evans, MI: equally priced homes
- Sand Lake, MI: less expensive homes
- Kent City, MI: less expensive homes
- Cannonsburg, MI: higher priced homes
- Northview, MI: equally priced homes
- Comstock Park, MI: less expensive homes
Cities with Similar Populations
- Walnut Springs, TX: less expensive homes
- Calpella, CA: higher priced homes
- Chester, MA: less expensive homes
- Chili, WI: less expensive homes
- Clayton Village, MS: equally priced homes
- East Rochester, OH: less expensive homes
- Gamaliel, KY: less expensive homes
- Hopkinton, IA: less expensive homes
- Vineland, CO: equally priced homes
- Vistula, IN: equally priced homes
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