Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lincoln area can be challenging. Home prices in Lincoln are now at a median cost of $123,081, lower than the Michigan average of $196,062.
The average cost of rent is $742/mo in Lincoln, primarily driven by the current value of real estate in the Lincoln area. While nearly 51.17% of residents own their homes outright in Lincoln, 13.52% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lincoln is $3,755 per month. Households that rent pay about 19.76% of their income on rent here. Lincoln's most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Harrisville, MI: equally priced homes
- Black River, MI: higher priced homes
- Killmaster, MI: less expensive homes
- Spruce, MI: higher priced homes
- Barton City, MI: equally priced homes
- Mikado, MI: less expensive homes
- Greenbush, MI: less expensive homes
- Ossineke, MI: less expensive homes
- Hubbard Lake, MI: higher priced homes
- Kurtz, MI: less expensive homes
Cities with Similar Populations
- Wicksburg, AL: higher priced homes
- Knoxville, GA: higher priced homes
- Perry, ME: equally priced homes
- Peggs, OK: equally priced homes
- Patrick Afb, FL: higher priced homes
- Newbern, AL: less expensive homes
- New Philadelphia, PA: less expensive homes
- New Germany, MN: higher priced homes
- Muscadine, AL: less expensive homes
- Mountain Home, TX: higher priced homes
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