Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Houghton Lake Heights area can be challenging. Home prices in Houghton Lake Heights are now at a median cost of $110,400, lower than the Michigan average of $196,062.
The average cost of rent is $684/mo in Houghton Lake Heights, primarily driven by the current value of real estate in the Houghton Lake Heights area. While nearly 56.11% of residents own their homes outright in Houghton Lake Heights, 22.02% rent.
Housing affordability isn’t just about home prices, though. The average household income in Houghton Lake Heights is $2,944 per month. Households that rent pay about 23.23% of their income on rent here. Houghton Lake Heights's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Houghton Lake, MI: higher priced homes
- Houghton Point, MI: higher priced homes
- Merritt, MI: equally priced homes
- Meads Landing, MI: equally priced homes
- Prudenville, MI: higher priced homes
- Prosper, MI: higher priced homes
- Falmouth, MI: equally priced homes
- Higgins Lake, MI: higher priced homes
- Moorestown, MI: higher priced homes
- Roscommon, MI: higher priced homes
Cities with Similar Populations
- Jeffress, VA: higher priced homes
- Sisquoc, CA: higher priced homes
- Sinai, KY: higher priced homes
- Sickles, MI: less expensive homes
- Shumansville, VA: higher priced homes
- Shulls Mill, NC: higher priced homes
- Shrewsbury, VT: higher priced homes
- Shermans Corner, ME: higher priced homes
- Sheridan, MO: less expensive homes
- Sheridan, KY: less expensive homes
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