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Average
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These days, finding an affordable place to live in the Hudson Mills area can be challenging. Home prices in Hudson Mills are now at a median cost of $454,900, higher than the Michigan average of $196,062.
The average cost of rent is $958/mo in Hudson Mills, primarily driven by the current value of real estate in the Hudson Mills area. While nearly 32.10% of residents own their homes outright in Hudson Mills, 13.53% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hudson Mills is $9,063 per month. Households that rent pay about 10.57% of their income on rent here. Hudson Mills's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
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