Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hamilton area can be challenging. Home prices in Hamilton are now at a median cost of $248,398, higher than the Michigan average of $196,062.
The average cost of rent is $1,032/mo in Hamilton, primarily driven by the current value of real estate in the Hamilton area. While nearly 30.50% of residents own their homes outright in Hamilton, 9.87% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hamilton is $6,850 per month. Households that rent pay about 15.07% of their income on rent here. Hamilton's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Diamond Springs, MI: less expensive homes
- Dunningville, MI: less expensive homes
- Overisel, MI: equally priced homes
- Glenn, MI: less expensive homes
- Fillmore, MI: equally priced homes
- East Saugatuck, MI: equally priced homes
- Drenthe, MI: equally priced homes
- Burnips, MI: equally priced homes
- New Richmond, MI: equally priced homes
- Millgrove, MI: less expensive homes
Cities with Similar Populations
- Ocilla, GA: less expensive homes
- Paulding, OH: less expensive homes
- Pascoag, RI: higher priced homes
- Pasadena Hills, FL: less expensive homes
- Parma, ID: equally priced homes
- Parkesburg, PA: equally priced homes
- Oneida, TN: less expensive homes
- Onalaska, TX: less expensive homes
- Omro, WI: less expensive homes
- Old Greenwich, CT: higher priced homes
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