The Most Affordable Neighborhoods in Kent City, MI by Home Value

 

Kent City, MI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Kent City area can be challenging. Home prices in Kent City are now at a median cost of $170,014, lower than the Michigan average of $196,062.

The average cost of rent is $744/mo in Kent City, primarily driven by the current value of real estate in the Kent City area. While nearly 36.40% of residents own their homes outright in Kent City, 18.47% rent.

Housing affordability isn’t just about home prices, though. The average household income in Kent City is $5,664 per month. Households that rent pay about 13.13% of their income on rent here. Kent City's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.


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