Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Leland area can be challenging. Home prices in Leland are now at a median cost of $496,806, higher than the Michigan average of $196,062.
The average cost of rent is $1,010/mo in Leland, primarily driven by the current value of real estate in the Leland area. While nearly 43.76% of residents own their homes outright in Leland, 21.54% rent.
Housing affordability isn’t just about home prices, though. The average household income in Leland is $6,523 per month. Households that rent pay about 15.48% of their income on rent here. Leland's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Lake Leelanau, MI: less expensive homes
- Suttons Bay, MI: less expensive homes
- Isadore, MI: less expensive homes
- Omena, MI: less expensive homes
- Northport, MI: less expensive homes
- Glen Haven, MI: less expensive homes
- Cedar, MI: less expensive homes
- Maple City, MI: less expensive homes
- Old Mission, MI: equally priced homes
- Glen Arbor, MI: higher priced homes
Cities with Similar Populations
- East Leroy, MI: less expensive homes
- Valparaiso, NE: less expensive homes
- Tumtum, WA: less expensive homes
- Trout Creek, MT: less expensive homes
- Talmage, CA: equally priced homes
- Sully, IA: less expensive homes
- Spaulding, IL: less expensive homes
- Ellicottville, NY: less expensive homes
- Edwards, MO: less expensive homes
- East Union, TN: less expensive homes
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