Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Leonard area can be challenging. Home prices in Leonard are now at a median cost of $330,772, higher than the Michigan average of $196,062.
The average cost of rent is $962/mo in Leonard, primarily driven by the current value of real estate in the Leonard area. While nearly 29.31% of residents own their homes outright in Leonard, 5.29% rent.
Housing affordability isn’t just about home prices, though. The average household income in Leonard is $8,194 per month. Households that rent pay about 11.74% of their income on rent here. Leonard's most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Lakeville, MI: equally priced homes
- Oakland, MI: higher priced homes
- Romeo, MI: less expensive homes
- Dryden, MI: less expensive homes
- Oxford, MI: less expensive homes
- Almont, MI: less expensive homes
- Washington, MI: higher priced homes
- Thornville, MI: less expensive homes
- Lake Orion, MI: equally priced homes
- Rochester, MI: higher priced homes
Cities with Similar Populations
- Chapmansboro, TN: less expensive homes
- Lewisburg, OH: less expensive homes
- Colorado City, AZ: less expensive homes
- Florissant, CO: less expensive homes
- Gambier, OH: less expensive homes
- Moonachie, NJ: higher priced homes
- Avenue B and C, AZ: less expensive homes
- Moorefield, WV: less expensive homes
- New Baden, IL: less expensive homes
- North Terre Haute, IN: less expensive homes
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