The Most Affordable Neighborhoods in King, Ann Arbor, MI by Home Value

 

King, Ann Arbor, MI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the King area can be challenging. Home prices in King are now at a median cost of $530,833, higher than the Ann Arbor average of $396,799.

The average cost of rent is $1,938/mo in King, primarily driven by the current value of real estate in the King area. While nearly 47.95% of residents own their homes outright in King, 38.74% rent.

Housing affordability isn’t just about home prices, though. The average household income in King is $9,078 per month. Households that rent pay about 21.34% of their income on rent here. King's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the neighborhood.


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