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These days, finding an affordable place to live in the Eureka area can be challenging. Home prices in Eureka are now at a median cost of $284,153, higher than the Michigan average of $250,415.
The average cost of rent is $832/mo in Eureka, primarily driven by the current value of real estate in the Eureka area. In Eureka, 4.89% of households rent, and 47.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Eureka is $8,578 per month. Households that rent pay about 9.70% of their income on rent here. Eureka’s most expensive areas are in the eastern 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
- St. Johns, MI: less expensive homes
- South Riley, MI: equally priced homes
- Dewitt, MI: higher priced homes
- Shepardsville, MI: equally priced homes
- Fowler, MI: less expensive homes
- Bath, MI: higher priced homes
- Westphalia, MI: equally priced homes
- Eagle, MI: equally priced homes
- Maple Rapids, MI: less expensive homes
- Ovid, MI: less expensive homes
Cities with Similar Populations
- Tahuya, WA: higher priced homes
- Hopedale, IL: less expensive homes
- Huntington, VT: higher priced homes
- Interlaken, NY: less expensive homes
- Ivor, VA: less expensive homes
- Jefferson, ME: equally priced homes
- Kingston, MI: less expensive homes
- Lake Winnebago, MO: higher priced homes
- Langston, OK: less expensive homes
- Lydia Mills, SC: less expensive homes
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