Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Henderson area can be challenging. Home prices in Henderson are now at a median cost of $147,584, lower than the Michigan average of $196,062.
The average cost of rent is $910/mo in Henderson, primarily driven by the current value of real estate in the Henderson area. While nearly 44.37% of residents own their homes outright in Henderson, 13.26% rent.
Housing affordability isn’t just about home prices, though. The average household income in Henderson is $5,155 per month. Households that rent pay about 17.65% of their income on rent here. Henderson's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Oakley, MI: less expensive homes
- Easton, MI: equally priced homes
- Fenmore, MI: less expensive homes
- Owosso, MI: less expensive homes
- Chesaning, MI: less expensive homes
- Elsie, MI: less expensive homes
- Brant, MI: equally priced homes
- Corunna, MI: less expensive homes
- Ovid, MI: equally priced homes
- Bannister, MI: less expensive homes
Cities with Similar Populations
- Underwood, IA: higher priced homes
- Elwood, UT: higher priced homes
- Estell Manor, NJ: higher priced homes
- Farmington, WV: less expensive homes
- Farnham, VA: higher priced homes
- Fort Greely, AK: higher priced homes
- West Alexander, PA: higher priced homes
- Guys Mills, PA: less expensive homes
- Hancock, NH: higher priced homes
- Hartman, AR: less expensive homes
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