Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Keweenaw Bay area can be challenging. Home prices in Keweenaw Bay are now at a median cost of $131,800, lower than the Michigan average of $196,062.
The average cost of rent is $531/mo in Keweenaw Bay, primarily driven by the current value of real estate in the Keweenaw Bay area. While nearly 45.45% of residents own their homes outright in Keweenaw Bay, 17.29% rent.
Housing affordability isn’t just about home prices, though. The average household income in Keweenaw Bay is $4,184 per month. Households that rent pay about 12.69% of their income on rent here. Keweenaw Bay's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Klingville, MI: higher priced homes
- Elo, MI: higher priced homes
- Baraga, MI: less expensive homes
- Pequaming, MI: equally priced homes
- Zeba, MI: less expensive homes
- Tapiola, MI: higher priced homes
- L'Anse, MI: less expensive homes
- Arnheim, MI: less expensive homes
- Portage Entry, MI: higher priced homes
- Pelkie, MI: equally priced homes
Cities with Similar Populations
- Park View Heights, IN: less expensive homes
- Pattonville, OH: higher priced homes
- Patsburg, AL: less expensive homes
- Patrick, TX: less expensive homes
- Passport, IL: higher priced homes
- Parnell, MO: less expensive homes
- Parnell, IL: higher priced homes
- Parkline, ID: higher priced homes
- Parkdale, AL: less expensive homes
- Paynesville, MO: higher priced homes
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