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These days, finding an affordable place to live in the Leonidas area can be challenging. Home prices in Leonidas are now at a median cost of $206,106, lower than the Michigan average of $250,415.
The average cost of rent is $1,032/mo in Leonidas, primarily driven by the current value of real estate in the Leonidas area. In Leonidas, 13.28% of households rent, and 54.01% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Leonidas is $5,854 per month. Households that rent pay about 17.63% of their income on rent here. Leonidas’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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Cities with Similar Populations
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- Embarrass, WI: equally priced homes
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