Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lake Odessa area can be challenging. Home prices in Lake Odessa are now at a median cost of $148,505, lower than the Michigan average of $196,062.
The average cost of rent is $796/mo in Lake Odessa, primarily driven by the current value of real estate in the Lake Odessa area. While nearly 45.67% of residents own their homes outright in Lake Odessa, 16.64% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lake Odessa is $5,917 per month. Households that rent pay about 13.45% of their income on rent here. Lake Odessa's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Woodbury, MI: equally priced homes
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- Tremaine Corners, MI: equally priced homes
- Sunfield, MI: equally priced homes
- Freeport, MI: higher priced homes
- Saranac, MI: higher priced homes
- Elmdale, MI: higher priced homes
- Smyrna, MI: equally priced homes
Cities with Similar Populations
- Williamsburg, MI: higher priced homes
- Salem, WI: higher priced homes
- Florida, NY: higher priced homes
- Florence, TX: higher priced homes
- Rye, NH: higher priced homes
- Sabattus, ME: equally priced homes
- Flemingsburg, KY: less expensive homes
- Fischer, TX: higher priced homes
- Fincastle, VA: higher priced homes
- Sagle, ID: higher priced homes
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