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Affordable
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These days, finding an affordable place to live in the Fairgrove area can be challenging. Home prices in Fairgrove are now at a median cost of $111,239, lower than the Michigan average of $250,415.
The average cost of rent is $902/mo in Fairgrove, primarily driven by the current value of real estate in the Fairgrove area. In Fairgrove, 9.45% of households rent, and 46.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fairgrove is $4,371 per month. Households that rent pay about 20.64% of their income on rent here. Fairgrove’s most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bradleyville, MI: higher priced homes
- Akron, MI: less expensive homes
- Gilford, MI: higher priced homes
- Wisner, MI: higher priced homes
- Watrousville, MI: higher priced homes
- Oakhurst, MI: higher priced homes
- Quanicassee, MI: higher priced homes
- Reese, MI: higher priced homes
- Wahjamega, MI: higher priced homes
- Colling, MI: higher priced homes
Cities with Similar Populations
- Agua Dulce, TX: higher priced homes
- Ashcamp, KY: equally priced homes
- Antonito, CO: higher priced homes
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- Alton, IA: higher priced homes
- Allenhurst, NJ: higher priced homes
- Alhambra, IL: higher priced homes
- Alda, NE: higher priced homes
- Pine Meadow, CT: higher priced homes
- Smicksburg, PA: higher priced homes
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