Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Frankenmuth area can be challenging. Home prices in Frankenmuth are now at a median cost of $242,369, higher than the Michigan average of $196,062.
The average cost of rent is $808/mo in Frankenmuth, primarily driven by the current value of real estate in the Frankenmuth area. While nearly 51.45% of residents own their homes outright in Frankenmuth, 25.57% rent.
Housing affordability isn’t just about home prices, though. The average household income in Frankenmuth is $6,947 per month. Households that rent pay about 11.62% of their income on rent here. Frankenmuth's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
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Cities with Similar Populations
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