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These days, finding an affordable place to live in the Interlochen area can be challenging. Home prices in Interlochen are now at a median cost of $277,775, higher than the Michigan average of $250,415.
The average cost of rent is $1,307/mo in Interlochen, primarily driven by the current value of real estate in the Interlochen area. In Interlochen, 10.76% of households rent, and 25.03% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Interlochen is $6,466 per month. Households that rent pay about 20.22% of their income on rent here. Interlochen’s most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Maple Grove, MI: equally priced homes
- Grawn, MI: equally priced homes
- Lake Ann, MI: equally priced homes
- Monroe Center, MI: equally priced homes
- Karlin, MI: equally priced homes
- Wallin, MI: less expensive homes
- Solon, MI: higher priced homes
- Traverse City, MI: higher priced homes
- Thompsonville, MI: less expensive homes
- Beulah, MI: higher priced homes
Cities with Similar Populations
- Coupeville, WA: higher priced homes
- West Jefferson, NC: equally priced homes
- Decatur, TN: less expensive homes
- Dayton, MN: higher priced homes
- West Milton, OH: less expensive homes
- Dansville, NY: less expensive homes
- Westmere, NY: higher priced homes
- White Bluff, TN: higher priced homes
- White Pine, TN: less expensive homes
- Cross City, FL: less expensive homes
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