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These days, finding an affordable place to live in the Genesee area can be challenging. Home prices in Genesee are now at a median cost of $171,201, lower than the Michigan average of $250,415.
The average cost of rent is $940/mo in Genesee, primarily driven by the current value of real estate in the Genesee area. In Genesee, 25.39% of households rent, and 41.79% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Genesee is $5,790 per month. Households that rent pay about 16.24% of their income on rent here. Genesee’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Russellville, MI: higher priced homes
- Mount Morris, MI: less expensive homes
- Thetford Center, MI: higher priced homes
- Beecher, MI: less expensive homes
- Otisville, MI: equally priced homes
- Richfield Center, MI: higher priced homes
- Clio, MI: equally priced homes
- Davison, MI: higher priced homes
- Flint, MI: less expensive homes
- Burton, MI: less expensive homes
Cities with Similar Populations
- Andover, NY: less expensive homes
- Wyoming, NY: equally priced homes
- Wampum, PA: less expensive homes
- Walden, TN: higher priced homes
- Valders, WI: higher priced homes
- Udall, KS: equally priced homes
- Cienega Springs, AZ: higher priced homes
- Church Road, VA: higher priced homes
- Burnside, MI: higher priced homes
- Buffalo, WV: equally priced homes
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