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These days, finding an affordable place to live in the Fair Haven area can be challenging. Home prices in Fair Haven are now at a median cost of $221,263, lower than the Michigan average of $250,415.
The average cost of rent is $1,304/mo in Fair Haven, primarily driven by the current value of real estate in the Fair Haven area. In Fair Haven, 19.16% of households rent, and 47.15% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fair Haven is $6,350 per month. Households that rent pay about 20.53% of their income on rent here. Fair Haven’s most expensive areas are in the southern 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
- Pearl Beach, MI: higher priced homes
- Casco, MI: equally priced homes
- Roberts Landing, MI: less expensive homes
- New Baltimore, MI: higher priced homes
- Peters, MI: equally priced homes
- New Haven, MI: equally priced homes
- Muttonville, MI: higher priced homes
- Algonac, MI: higher priced homes
- Harsens Island, MI: higher priced homes
- Marine City, MI: equally priced homes
Cities with Similar Populations
- Kimberly, AL: higher priced homes
- Lake Barrington, IL: higher priced homes
- Laie, HI: higher priced homes
- Kingsville, MD: higher priced homes
- Kingston, OK: less expensive homes
- Kingston, NH: higher priced homes
- Kingsford, MI: less expensive homes
- Kings Point, NY: higher priced homes
- King City, OR: higher priced homes
- Kinder, LA: less expensive homes
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