The Most Affordable Neighborhoods in Gogebic County, MI by Home Value

 

Gogebic County, MI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Gogebic County area can be challenging. Home prices in Gogebic County are now at a median cost of $104,493, lower than the Michigan average of $196,062.

The average cost of rent is $517/mo in Gogebic County, primarily driven by the current value of real estate in the Gogebic County area. While nearly 58.14% of residents own their homes outright in Gogebic County, 18.43% rent.

Housing affordability isn’t just about home prices, though. The average household income in Gogebic County is $3,834 per month. Households that rent pay about 13.49% of their income on rent here. Gogebic County's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the county.


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