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These days, finding an affordable place to live in the Horton Bay area can be challenging. Home prices in Horton Bay are now at a median cost of $302,756, higher than the Michigan average of $250,415.
The average cost of rent is $1,206/mo in Horton Bay, primarily driven by the current value of real estate in the Horton Bay area. In Horton Bay, 7.92% of households rent, and 39.51% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Horton Bay is $7,194 per month. Households that rent pay about 16.76% of their income on rent here. Horton Bay’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Burgess, MI: equally priced homes
- Zenith Heights, MI: higher priced homes
- Bay Shore, MI: higher priced homes
- Ironton, MI: higher priced homes
- Charlevoix, MI: equally priced homes
- Boyne City, MI: equally priced homes
- Walloon Lake, MI: less expensive homes
- Petoskey, MI: higher priced homes
- Clarion, MI: higher priced homes
- East Jordan, MI: less expensive homes
Cities with Similar Populations
- South Crossett, AR: less expensive homes
- Johntown, TX: less expensive homes
- Joinerville, TX: less expensive homes
- Kingston, LA: less expensive homes
- Kitts Hummock, DE: less expensive homes
- Snowville, UT: equally priced homes
- Sondheimer, LA: less expensive homes
- South Buffalo, KY: less expensive homes
- South Creek, WA: higher priced homes
- Jewett, WI: higher priced homes
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