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These days, finding an affordable place to live in the Luna Pier area can be challenging. Home prices in Luna Pier are now at a median cost of $165,078, lower than the Michigan average of $196,062.
The average cost of rent is $429/mo in Luna Pier, primarily driven by the current value of real estate in the Luna Pier area. While nearly 53.33% of residents own their homes outright in Luna Pier, 19.42% rent.
Housing affordability isn’t just about home prices, though. The average household income in Luna Pier is $3,651 per month. Households that rent pay about 11.74% of their income on rent here. Luna Pier's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- La Salle, MI: higher priced homes
- Erie, MI: less expensive homes
- Bolles Harbor, MI: less expensive homes
- Detroit Beach, MI: higher priced homes
- Samaria, MI: higher priced homes
- Temperance, MI: higher priced homes
- Monroe, MI: equally priced homes
- Harbor View, OH: equally priced homes
- Ida, MI: higher priced homes
- Lambertville, MI: higher priced homes
Cities with Similar Populations
- Laceyville, PA: equally priced homes
- North English, IA: less expensive homes
- Nectar, AL: higher priced homes
- Moira, NY: less expensive homes
- Mendon, IL: less expensive homes
- Malcolm, NE: higher priced homes
- Madison, NY: less expensive homes
- Long Beach, IN: higher priced homes
- Little Rock, MS: less expensive homes
- Liberty, TN: less expensive homes
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