Expensive
Affordable
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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 $354,388, higher than the Michigan average of $250,415.
The average cost of rent is $891/mo in Filer City, primarily driven by the current value of real estate in the Filer City area. In Filer City, 16.27% of households rent, and 55.64% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Filer City is $6,131 per month. Households that rent pay about 14.53% of their income on rent here. Filer City’s most expensive areas are in the northeastern 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
- Red Park, MI: less expensive homes
- Newland, MI: less expensive homes
- Parkdale, MI: less expensive homes
- Onekama, MI: less expensive homes
- Norwalk, MI: less expensive homes
- Eastlake, MI: less expensive homes
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- Harrison Beach, MI: less expensive homes
- Bear Lake, MI: less expensive homes
Cities with Similar Populations
- Labish Village, OR: higher priced homes
- Salem Center, IN: less expensive homes
- Saddlebrooke, MO: equally priced homes
- Ryde, PA: less expensive homes
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- Little Canada, NY: less expensive homes
- Linkwood, MD: less expensive homes
- Lindaville, PA: less expensive homes
- Laura, IL: less expensive homes
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