Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Manchester area can be challenging. Home prices in Manchester are now at a median cost of $269,102, higher than the Michigan average of $196,062.
The average cost of rent is $954/mo in Manchester, primarily driven by the current value of real estate in the Manchester area. While nearly 33.25% of residents own their homes outright in Manchester, 10.60% rent.
Housing affordability isn’t just about home prices, though. The average household income in Manchester is $7,490 per month. Households that rent pay about 12.73% of their income on rent here. Manchester's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Sharon Hollow, MI: equally priced homes
- Bridgewater, MI: higher priced homes
- Norvell, MI: less expensive homes
- Clinton, MI: less expensive homes
- Oak Shade Park, MI: less expensive homes
- Lima Center, MI: higher priced homes
- Tipton, MI: less expensive homes
- Grass Lake, MI: less expensive homes
- Napoleon, MI: less expensive homes
- Chelsea, MI: higher priced homes
Cities with Similar Populations
- Bristow, OK: less expensive homes
- Blanchard, LA: less expensive homes
- Boiling Springs, PA: equally priced homes
- Booneville, AR: less expensive homes
- Boqueron, PR: less expensive homes
- Bowleys Quarters, MD: higher priced homes
- Boyd, TX: less expensive homes
- Brady, TX: less expensive homes
- Braidwood, IL: less expensive homes
- Branford Center, CT: less expensive homes
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