
Home Price Key
These days, finding an affordable place to live in the Hemlock area can be challenging. Home prices in Hemlock are now at a median cost of $165,655, lower than the Michigan average of $196,062.
The average cost of rent is $824/mo in Hemlock, primarily driven by the current value of real estate in the Hemlock area. While nearly 37.52% of residents own their homes outright in Hemlock, 7.96% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hemlock is $6,758 per month. Households that rent pay about 12.19% of their income on rent here. Hemlock's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
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