Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Filer City area can be challenging. Home prices in Filer City are now at a median cost of $384,009, higher than the Michigan average of $196,062.
The average cost of rent is $674/mo in Filer City, primarily driven by the current value of real estate in the Filer City area. While nearly 59.83% of residents own their homes outright in Filer City, 10.61% rent.
Housing affordability isn’t just about home prices, though. The average household income in Filer City is $5,896 per month. Households that rent pay about 11.43% of their income on rent here. Filer City's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
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