Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Imlay City area can be challenging. Home prices in Imlay City are now at a median cost of $170,421, lower than the Michigan average of $196,062.
The average cost of rent is $905/mo in Imlay City, primarily driven by the current value of real estate in the Imlay City area. While nearly 38.95% of residents own their homes outright in Imlay City, 28.45% rent.
Housing affordability isn’t just about home prices, though. The average household income in Imlay City is $4,898 per month. Households that rent pay about 18.48% of their income on rent here. Imlay City's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Attica, MI: higher priced homes
- Lum, MI: higher priced homes
- Capac, MI: equally priced homes
- Dryden, MI: higher priced homes
- Almont, MI: higher priced homes
- Thornville, MI: higher priced homes
- Allenton, MI: higher priced homes
- Hunters Creek, MI: equally priced homes
- Burnside, MI: equally priced homes
- Five Lakes, MI: higher priced homes
Cities with Similar Populations
- Gray, ME: higher priced homes
- Glencoe, MN: higher priced homes
- Glennville, GA: less expensive homes
- Glenwood, IA: higher priced homes
- Goddard, KS: higher priced homes
- Grafton, MA: higher priced homes
- Granby, CT: higher priced homes
- Graniteville, SC: less expensive homes
- Gray Court, SC: less expensive homes
- Glencoe, IL: higher priced homes
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