Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Farrandville area can be challenging. Home prices in Farrandville are now at a median cost of $166,665, lower than the Michigan average of $196,062.
The average cost of rent is $897/mo in Farrandville, primarily driven by the current value of real estate in the Farrandville area. While nearly 44.95% of residents own their homes outright in Farrandville, 11.97% rent.
Housing affordability isn’t just about home prices, though. The average household income in Farrandville is $5,709 per month. Households that rent pay about 15.72% of their income on rent here. Farrandville's most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Clio, MI: less expensive homes
- Birch Run, MI: equally priced homes
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Cities with Similar Populations
- Lilly, PA: less expensive homes
- Taft, TN: equally priced homes
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- Strafford, NH: higher priced homes
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- St. David, AZ: less expensive homes
- North Rock Springs, WY: higher priced homes
- Salisbury, MO: less expensive homes
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