The Most Affordable Neighborhoods in Gladwin, MI by Home Value

 

Gladwin, MI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Gladwin area can be challenging. Home prices in Gladwin are now at a median cost of $133,984, lower than the Michigan average of $196,062.

The average cost of rent is $644/mo in Gladwin, primarily driven by the current value of real estate in the Gladwin area. While nearly 46.89% of residents own their homes outright in Gladwin, 12.46% rent.

Housing affordability isn’t just about home prices, though. The average household income in Gladwin is $4,102 per month. Households that rent pay about 15.70% of their income on rent here. Gladwin's most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the city.


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