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Affordable
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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 $184,830, lower than the Michigan average of $250,415.
The average cost of rent is $853/mo in Lodi, primarily driven by the current value of real estate in the Lodi area. In Lodi, 7.53% of households rent, and 43.50% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lodi is $5,298 per month. Households that rent pay about 16.10% of their income on rent here. Lodi’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Kalkaska, MI: equally priced homes
- O'neil, MI: equally priced homes
- Spencer, MI: higher priced homes
- Leetsville, MI: equally 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: equally priced homes
- Temperanceville, OH: higher priced homes
- Hettick, IL: equally priced homes
- Hardwick Center, VT: equally priced homes
- Griffith, MS: less expensive homes
- Green Rock, IL: less expensive homes
- Grand Mound, WA: higher priced homes
- Grand Marais, MI: equally priced homes
- Grand Chain, IL: less expensive homes
- Graham, OK: less expensive homes
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