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These days, finding an affordable place to live in the Glenwood area can be challenging. Home prices in Glenwood are now at a median cost of $206,641, lower than the Michigan average of $250,415.
The average cost of rent is $939/mo in Glenwood, primarily driven by the current value of real estate in the Glenwood area. In Glenwood, 10.59% of households rent, and 51.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Glenwood is $5,033 per month. Households that rent pay about 18.66% of their income on rent here. Glenwood’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Volinia, MI: equally priced homes
- Pokagon, MI: equally priced homes
- Dowagiac, MI: equally priced homes
- Decatur, MI: less expensive homes
- La Grange, MI: less expensive homes
- Keeler, MI: equally priced homes
- Penn, MI: higher priced homes
- Nicholsville, MI: higher priced homes
- Sister Lakes, MI: higher priced homes
- Wakelee, MI: higher priced homes
Cities with Similar Populations
- Mount Pleasant, NY: less expensive homes
- Oklahoma, PA: less expensive homes
- Nick, KY: less expensive homes
- Newcomb, TN: less expensive homes
- New Windsor, IL: less expensive homes
- New Elm, GA: less expensive homes
- Nelson, IL: equally priced homes
- Murphy, OK: less expensive homes
- Mount Vernon, SD: equally priced homes
- Peterson, MN: higher priced homes
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