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These days, finding an affordable place to live in the Long Lake area can be challenging. Home prices in Long Lake are now at a median cost of $171,814, lower than the Michigan average of $250,415.
The average cost of rent is $817/mo in Long Lake, primarily driven by the current value of real estate in the Long Lake area. In Long Lake, 9.22% of households rent, and 62.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Long Lake is $4,388 per month. Households that rent pay about 18.61% of their income on rent here. Long Lake’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hale, MI: equally priced homes
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- National City, MI: equally priced homes
- Whittemore, MI: less expensive homes
- Selkirk, MI: equally priced homes
- Rose City, MI: less expensive homes
- White Rock, MI: equally priced homes
Cities with Similar Populations
- Conway, MS: less expensive homes
- Stanton, MS: less expensive homes
- Stanton, KS: higher priced homes
- St. Marys, IA: higher priced homes
- St. Leon, IN: higher priced homes
- St. Clair, VA: equally priced homes
- Dobbins Heights, NC: less expensive homes
- Digbey, GA: higher priced homes
- Delwin, MI: less expensive homes
- Daleville, MS: equally priced homes
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