Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lodi area can be challenging. Home prices in Lodi are now at a median cost of $136,281, lower than the Michigan average of $196,062.
The average cost of rent is $812/mo in Lodi, primarily driven by the current value of real estate in the Lodi area. While nearly 51.80% of residents own their homes outright in Lodi, 9.13% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lodi is $4,351 per month. Households that rent pay about 18.66% of their income on rent here. Lodi's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Kalkaska, MI: equally priced homes
- O'neil, MI: higher priced homes
- Spencer, MI: higher priced homes
- Leetsville, MI: higher priced homes
- McIntyre Landing, MI: equally priced homes
- Mancelona, MI: equally priced homes
- South Boardman, MI: equally priced homes
- Rapid City, MI: higher priced homes
- Wetzel, MI: less expensive homes
- Alden, MI: higher priced homes
Cities with Similar Populations
- Gortner, MD: higher priced homes
- Temperanceville, OH: higher priced homes
- Hettick, IL: equally priced homes
- Hardwick Center, VT: higher priced homes
- Griffith, MS: less expensive homes
- Green Rock, IL: less expensive homes
- Grand Mound, WA: higher priced homes
- Grand Marais, MI: higher priced homes
- Grand Chain, IL: less expensive homes
- Graham, OK: less expensive homes
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