Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Hemans area can be challenging. Home prices in Hemans are now at a median cost of $160,533, lower than the Michigan average of $250,415.
The average cost of rent is $632/mo in Hemans, primarily driven by the current value of real estate in the Hemans area. In Hemans, 15.53% of households rent, and 57.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hemans is $5,134 per month. Households that rent pay about 12.30% of their income on rent here. Hemans’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Decker, MI: equally priced homes
- Wilmot, MI: equally priced homes
- Kingston, MI: equally priced homes
- DeFord, MI: higher priced homes
- Shabbona, MI: less expensive homes
- Snover, MI: equally priced homes
- Marlette, MI: equally priced homes
- Elmer, MI: equally priced homes
- East Dayton, MI: equally priced homes
- Wickware, MI: less expensive homes
Cities with Similar Populations
- Indian Point, MO: higher priced homes
- Sandborn, IN: less expensive homes
- Sabinetown, TX: higher priced homes
- Rowanta, VA: higher priced homes
- Rosemont, OH: higher priced homes
- Meade, OH: higher priced homes
- Littleton, IL: less expensive homes
- Jaudon, MO: higher priced homes
- Jacob City, FL: less expensive homes
- Jacksonburg, NJ: higher priced homes
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