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Affordable
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These days, finding an affordable place to live in the Lulu area can be challenging. Home prices in Lulu are now at a median cost of $296,189, higher than the Michigan average of $250,415.
The average cost of rent is $969/mo in Lulu, primarily driven by the current value of real estate in the Lulu area. In Lulu, 3.86% of households rent, and 38.95% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lulu is $8,443 per month. Households that rent pay about 11.48% of their income on rent here. Lulu’s most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ida, MI: equally priced homes
- Petersburg, MI: equally priced homes
- Samaria, MI: equally priced homes
- Dundee, MI: less expensive homes
- Deerfield, MI: less expensive homes
- Temperance, MI: less expensive homes
- La Salle, MI: less expensive homes
- Whiteford Center, MI: less expensive homes
- Lambertville, MI: equally priced homes
- Detroit Beach, MI: equally priced homes
Cities with Similar Populations
- Almond, NC: less expensive homes
- Urbana, IN: less expensive homes
- Wampee, SC: equally priced homes
- Washington, VT: less expensive homes
- Watertown, OH: less expensive homes
- Waubay, SD: less expensive homes
- Wauna, WA: higher priced homes
- Waverly, KY: less expensive homes
- Willow River, MN: less expensive homes
- Alexandria, SD: less expensive homes
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