
Home Price Key
These days, finding an affordable place to live in the Emerson area can be challenging. Home prices in Emerson are now at a median cost of $159,200, lower than the Michigan average of $196,062.
The average cost of rent is $525/mo in Emerson, primarily driven by the current value of real estate in the Emerson area. While nearly 73.68% of residents own their homes outright in Emerson, 12.18% rent.
Housing affordability isn’t just about home prices, though. The average household income in Emerson is $4,740 per month. Households that rent pay about 11.08% of their income on rent here. Emerson's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Eckerman, MI: equally priced homes
- Strongs, MI: less expensive homes
- Strongs Corner, MI: less expensive homes
- Hulbert, MI: less expensive homes
- Paradise, MI: equally priced homes
- Raco, MI: less expensive homes
- Trout Lake, MI: less expensive homes
- Whitefish Point, MI: equally priced homes
- McLeods Corner, MI: less expensive homes
- Ozark, MI: less expensive homes
Cities with Similar Populations
- Gobbler, AR: less expensive homes
- Gray, MS: less expensive homes
- Rockford, NC: less expensive homes
- Red House, NY: less expensive homes
- Grassy Meadows, WV: equally priced homes
- McCredie Springs, OR: higher priced homes
- Uncompahgre, CO: higher priced homes
- Goodnoe Hills, WA: higher priced homes
- Rives, MO: less expensive homes
- Valley Park, MS: less expensive homes
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