The Most Affordable Neighborhoods in Hagar Shores, MI by Home Value

 

Hagar Shores, MI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Hagar Shores area can be challenging. Home prices in Hagar Shores are now at a median cost of $161,800, lower than the Michigan average of $196,062.

The average cost of rent is $788/mo in Hagar Shores, primarily driven by the current value of real estate in the Hagar Shores area. While nearly 52.09% of residents own their homes outright in Hagar Shores, 13.57% rent.

Housing affordability isn’t just about home prices, though. The average household income in Hagar Shores is $3,912 per month. Households that rent pay about 20.14% of their income on rent here. Hagar Shores's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.


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