Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Gratiot County area can be challenging. Home prices in Gratiot County are now at a median cost of $108,998, lower than the Michigan average of $196,062.
The average cost of rent is $776/mo in Gratiot County, primarily driven by the current value of real estate in the Gratiot County area. While nearly 43.69% of residents own their homes outright in Gratiot County, 24.97% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gratiot County is $4,461 per month. Households that rent pay about 17.39% of their income on rent here. Gratiot County's most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the county.
Nearby Counties
- Montcalm County, MI: higher priced homes
- Saginaw County, MI: higher priced homes
- Newaygo County, MI: higher priced homes
- Tuscola County, MI: equally priced homes
- Muskegon County, MI: higher priced homes
- Sanilac County, MI: higher priced homes
- Ozaukee County, WI: higher priced homes
- Washington County, WI: higher priced homes
- Dodge County, WI: higher priced homes
- Columbia County, WI: higher priced homes
Counties with Similar Populations
- Richmond County, NC: equally priced homes
- Greene County, PA: higher priced homes
- Greenup County, KY: higher priced homes
- Guayama Municipio, PR: less expensive homes
- Guernsey County, OH: higher priced homes
- Habersham County, GA: higher priced homes
- Halifax County, NC: equally priced homes
- Halifax County, VA: higher priced homes
- Hancock County, MS: higher priced homes
- Harrison County, IN: higher priced homes
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