
Home Price Key
These days, finding an affordable place to live in the Long Point area can be challenging. Home prices in Long Point are now at a median cost of $209,970, higher than the Michigan average of $196,062.
The average cost of rent is $997/mo in Long Point, primarily driven by the current value of real estate in the Long Point area. While nearly 54.17% of residents own their homes outright in Long Point, 10.13% rent.
Housing affordability isn’t just about home prices, though. The average household income in Long Point is $5,139 per month. Households that rent pay about 19.39% of their income on rent here. Long Point's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
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