Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Ludington area can be challenging. Home prices in Ludington are now at a median cost of $182,277, lower than the Michigan average of $196,062.
The average cost of rent is $805/mo in Ludington, primarily driven by the current value of real estate in the Ludington area. While nearly 49.61% of residents own their homes outright in Ludington, 25.52% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ludington is $4,785 per month. Households that rent pay about 16.83% of their income on rent here. Ludington's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- North Epworth, MI: equally priced homes
- Scottville, MI: less expensive homes
- Sugar Grove, MI: less expensive homes
- Wiley, MI: less expensive homes
- Custer, MI: less expensive homes
- Pentwater, MI: higher priced homes
- Free Soil, MI: less expensive homes
- Fern, MI: less expensive homes
- Fountain, MI: less expensive homes
- Oak Hill, MI: equally priced homes
Cities with Similar Populations
- Sauk Rapids, MN: higher priced homes
- Fairhaven, MA: higher priced homes
- Fairview, NJ: higher priced homes
- Fernway, PA: higher priced homes
- Fitzgerald, GA: less expensive homes
- Forrest City, AR: less expensive homes
- Girard, OH: less expensive homes
- Hillsboro, OH: less expensive homes
- Princeton, WV: less expensive homes
- Prospect Heights, IL: equally priced homes
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