The Most Affordable Neighborhoods in Kerr Hill, MI by Home Value

 

Kerr Hill, MI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Kerr Hill area can be challenging. Home prices in Kerr Hill are now at a median cost of $307,706, higher than the Michigan average of $196,062.

The average cost of rent is $1,002/mo in Kerr Hill, primarily driven by the current value of real estate in the Kerr Hill area. While nearly 29.31% of residents own their homes outright in Kerr Hill, 1.64% rent.

Housing affordability isn’t just about home prices, though. The average household income in Kerr Hill is $8,225 per month. Households that rent pay about 12.19% of their income on rent here. Kerr Hill's most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.


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