Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Luce area can be challenging. Home prices in Luce are now at a median cost of $127,932, lower than the Michigan average of $196,062.
The average cost of rent is $712/mo in Luce, primarily driven by the current value of real estate in the Luce area. While nearly 40.97% of residents own their homes outright in Luce, 16.20% rent.
Housing affordability isn’t just about home prices, though. The average household income in Luce is $4,868 per month. Households that rent pay about 14.63% of their income on rent here. Luce's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Chesaning, MI: less expensive homes
- Oakley, MI: equally priced homes
- St. Charles, MI: equally priced homes
- New Lothrop, MI: higher priced homes
- Easton, MI: higher priced homes
- Taymouth, MI: equally priced homes
- Burt, MI: higher priced homes
- Brant, MI: higher priced homes
- Montrose, MI: equally priced homes
- Henderson, MI: higher priced homes
Cities with Similar Populations
- Eaton, NY: less expensive homes
- Brook Park, MN: higher priced homes
- Bruceville-Eddy, TX: higher priced homes
- Bude, MS: less expensive homes
- Cabins, WV: higher priced homes
- Cairo, MO: equally priced homes
- Cameron, AZ: less expensive homes
- Cocolalla, ID: higher priced homes
- Corsica, PA: equally priced homes
- Earlville, IA: equally priced homes
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