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These days, finding an affordable place to live in the Ferrysburg area can be challenging. Home prices in Ferrysburg are now at a median cost of $277,028, higher than the Michigan average of $250,415.
The average cost of rent is $1,364/mo in Ferrysburg, primarily driven by the current value of real estate in the Ferrysburg area. In Ferrysburg, 20.04% of households rent, and 32.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ferrysburg is $6,975 per month. Households that rent pay about 19.55% of their income on rent here. Ferrysburg’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Spring Lake, MI: higher priced homes
- Grand Haven, MI: higher priced homes
- Fruitport, MI: equally priced homes
- Norton Shores, MI: less expensive homes
- Nunica, MI: higher priced homes
- Roosevelt Park, MI: less expensive homes
- Muskegon Heights, MI: less expensive homes
- Muskegon, MI: less expensive homes
- Sullivan, MI: less expensive homes
- West Olive, MI: higher priced homes
Cities with Similar Populations
- Algood, TN: higher priced homes
- Brownsboro, TX: equally priced homes
- Caryville, TN: less expensive homes
- Nome, AK: higher priced homes
- Rochester, WI: higher priced homes
- Millbrook, NY: higher priced homes
- Bedford, KY: less expensive homes
- Moores Hill, IN: equally priced homes
- Otterbein, OH: higher priced homes
- Port Reading, NJ: higher priced homes
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