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These days, finding an affordable place to live in the Lyons area can be challenging. Home prices in Lyons are now at a median cost of $165,257, lower than the Michigan average of $250,415.
The average cost of rent is $1,008/mo in Lyons, primarily driven by the current value of real estate in the Lyons area. In Lyons, 19.28% of households rent, and 36.76% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lyons is $6,261 per month. Households that rent pay about 16.09% of their income on rent here. Lyons’s most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Muir, MI: higher priced homes
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- Portland, MI: higher priced homes
- Ionia, MI: equally priced homes
- Westphalia, MI: higher priced homes
- Tremaine Corners, MI: higher priced homes
- Matherton, MI: higher priced homes
- Palo, MI: higher priced homes
- West Sebewa, MI: higher priced homes
Cities with Similar Populations
- Shell Lake, WI: higher priced homes
- Hudson, IA: higher priced homes
- Leesburg, AL: higher priced homes
- Liberty, MS: less expensive homes
- Aberdeen, ID: higher priced homes
- Mantorville, MN: higher priced homes
- Pulaski, PA: equally priced homes
- Racine, OH: equally priced homes
- Reidville, SC: higher priced homes
- Rickman, TN: higher priced homes
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