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Affordable
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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 $195,671, lower than the Michigan average of $250,415.
The average cost of rent is $410/mo in Luna Pier, primarily driven by the current value of real estate in the Luna Pier area. In Luna Pier, 16.42% of households rent, and 48.40% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Luna Pier is $5,078 per month. Households that rent pay about 8.07% of their income on rent here. Luna Pier’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- La Salle, MI: higher priced homes
- Erie, MI: higher priced homes
- Bolles Harbor, MI: equally priced 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: higher 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: equally 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: equally priced homes
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