Expensive
Affordable
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These days, finding an affordable place to live in the Hardwood area can be challenging. Home prices in Hardwood are now at a median cost of $147,740, lower than the Michigan average of $250,415.
The average cost of rent is $750/mo in Hardwood, primarily driven by the current value of real estate in the Hardwood area. In Hardwood, 10.21% of households rent, and 55.09% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hardwood is $6,188 per month. Households that rent pay about 12.13% of their income on rent here. Hardwood’s most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hylas, MI: equally priced homes
- Foster City, MI: equally priced homes
- Perronville, MI: higher priced homes
- Ralph, MI: equally priced homes
- Felch, MI: higher priced homes
- Northland, MI: equally priced homes
- Metropolitan, MI: higher priced homes
- La Branch, MI: higher priced homes
- Arnold, MI: equally priced homes
- Waucedah, MI: higher priced homes
Cities with Similar Populations
- Ada, KS: less expensive homes
- Bloomfield, OH: less expensive homes
- Aymett Town, TN: higher priced homes
- Worth, GA: less expensive homes
- Atwater, IL: higher priced homes
- Wortham, MO: less expensive homes
- Arneytown, NJ: higher priced homes
- Wynnburg, TN: higher priced homes
- Antler, ND: less expensive homes
- Youngs, MS: less expensive homes
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