Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Fosters area can be challenging. Home prices in Fosters are now at a median cost of $116,196, lower than the Michigan average of $196,062.
The average cost of rent is $833/mo in Fosters, primarily driven by the current value of real estate in the Fosters area. While nearly 52.75% of residents own their homes outright in Fosters, 6.61% rent.
Housing affordability isn’t just about home prices, though. The average household income in Fosters is $4,769 per month. Households that rent pay about 17.46% of their income on rent here. Fosters's most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Bridgeport, MI: equally priced homes
- Burt, MI: higher priced homes
- Buena Vista, MI: less expensive homes
- Morseville, MI: higher priced homes
- Birch Run, MI: higher priced homes
- Taymouth, MI: equally priced homes
- Frankenmuth, MI: higher priced homes
- Saginaw, MI: less expensive homes
- Montrose, MI: higher priced homes
- Carrollton, MI: less expensive homes
Cities with Similar Populations
- Ava, IL: higher priced homes
- Rural Valley, PA: equally priced homes
- Stephens, AR: less expensive homes
- Sterling, OK: equally priced homes
- Sunray, OK: equally priced homes
- Garden Valley, ID: higher priced homes
- Washington, OK: higher priced homes
- Descanso, CA: higher priced homes
- DePue, IL: less expensive homes
- Darien Center, NY: higher priced homes
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