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These days, finding an affordable place to live in the Ellsworth area can be challenging. Home prices in Ellsworth are now at a median cost of $263,216, higher than the Michigan average of $250,415.
The average cost of rent is $863/mo in Ellsworth, primarily driven by the current value of real estate in the Ellsworth area. In Ellsworth, 12.45% of households rent, and 47.09% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ellsworth is $5,880 per month. Households that rent pay about 14.67% of their income on rent here. Ellsworth’s most expensive areas are in the western 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
- Eastport, MI: higher priced homes
- Norwood, MI: higher priced homes
- Central Lake, MI: less expensive homes
- Ironton, MI: higher priced homes
- Pleasant Valley, MI: less expensive homes
- East Jordan, MI: less expensive homes
- Charlevoix, MI: higher priced homes
- Horton Bay, MI: higher priced homes
- Kewadin, MI: higher priced homes
- Boyne City, MI: higher priced homes
Cities with Similar Populations
- Miller, SD: less expensive homes
- Roseburg, MI: equally priced homes
- Roland, IA: less expensive homes
- Pilot Rock, OR: equally priced homes
- Philo, OH: less expensive homes
- Old River-Winfree, TX: less expensive homes
- North Franklin, CT: higher priced homes
- Normalville, PA: less expensive homes
- Newark, MI: higher priced homes
- New Madison, OH: less expensive homes
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