Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Higgins Lake area can be challenging. Home prices in Higgins Lake are now at a median cost of $129,132, lower than the Michigan average of $196,062.
The average cost of rent is $773/mo in Higgins Lake, primarily driven by the current value of real estate in the Higgins Lake area. While nearly 48.44% of residents own their homes outright in Higgins Lake, 6.56% rent.
Housing affordability isn’t just about home prices, though. The average household income in Higgins Lake is $5,025 per month. Households that rent pay about 15.39% of their income on rent here. Higgins Lake's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Roscommon, MI: equally priced homes
- Meads Landing, MI: less expensive homes
- Houghton Point, MI: higher priced homes
- Lake Margrethe, MI: less expensive homes
- Houghton Lake, MI: higher priced homes
- Houghton Lake Heights, MI: less expensive homes
- Prudenville, MI: equally priced homes
- Grayling, MI: equally priced homes
- Moorestown, MI: equally priced homes
- Merritt, MI: equally priced homes
Cities with Similar Populations
- East Liberty, OH: higher priced homes
- Tannersville, NY: higher priced homes
- Tall Timbers, MD: higher priced homes
- Summerhaven, NC: higher priced homes
- Stout, OH: less expensive homes
- Fajardo, PR: higher priced homes
- Emhouse, TX: higher priced homes
- Elmwood, NE: higher priced homes
- Elka Park, NY: higher priced homes
- Eldridge, MO: less expensive homes
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