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These days, finding an affordable place to live in the Kaleva area can be challenging. Home prices in Kaleva are now at a median cost of $157,550, lower than the Michigan average of $250,415.
The average cost of rent is $1,220/mo in Kaleva, primarily driven by the current value of real estate in the Kaleva area. In Kaleva, 14.39% of households rent, and 49.39% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Kaleva is $5,119 per month. Households that rent pay about 23.84% of their income on rent here. Kaleva’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Brethren, MI: equally priced homes
- Norwalk, MI: higher priced homes
- Bear Lake, MI: higher priced homes
- Onekama, MI: higher priced homes
- Pomona, MI: higher priced homes
- Copemish, MI: higher priced homes
- Red Park, MI: higher priced homes
- Pierport, MI: higher priced homes
- Filer City, MI: higher priced homes
- Newland, MI: higher priced homes
Cities with Similar Populations
- Marble Hill, GA: higher priced homes
- Pioneer, TN: less expensive homes
- Pine Grove, GA: less expensive homes
- Pickett, OK: higher priced homes
- Oakfield, TN: higher priced homes
- New Berlin, IL: higher priced homes
- Millwood, WA: higher priced homes
- Millville, DE: higher priced homes
- Millerton, PA: higher priced homes
- Port Republic, VA: higher priced homes
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