Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Ionia area can be challenging. Home prices in Ionia are now at a median cost of $127,943, lower than the Michigan average of $196,062.
The average cost of rent is $768/mo in Ionia, primarily driven by the current value of real estate in the Ionia area. While nearly 38.65% of residents own their homes outright in Ionia, 28.25% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ionia is $4,635 per month. Households that rent pay about 16.57% of their income on rent here. Ionia's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Smyrna, MI: higher priced homes
- Tremaine Corners, MI: higher priced homes
- Orleans, MI: less expensive homes
- Lyons, MI: less expensive homes
- Muir, MI: higher priced homes
- Saranac, MI: higher priced homes
- Shiloh, MI: equally priced homes
- Palo, MI: equally priced homes
- West Sebewa, MI: higher priced homes
- Belding, MI: higher priced homes
Cities with Similar Populations
- East Hemet, CA: higher priced homes
- Fort Bragg, NC: higher priced homes
- Valencia West, AZ: higher priced homes
- Walled Lake, MI: higher priced homes
- Warrington, PA: higher priced homes
- Florida Ridge, FL: higher priced homes
- Florida City, FL: higher priced homes
- Floral Park, NY: higher priced homes
- West Pensacola, FL: less expensive homes
- East Providence, RI: higher priced homes
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