The Most Affordable Neighborhoods in Maple Rapids, MI by Home Value

 

Maple Rapids, MI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Maple Rapids area can be challenging. Home prices in Maple Rapids are now at a median cost of $142,447, lower than the Michigan average of $196,062.

The average cost of rent is $763/mo in Maple Rapids, primarily driven by the current value of real estate in the Maple Rapids area. While nearly 40.82% of residents own their homes outright in Maple Rapids, 13.43% rent.

Housing affordability isn’t just about home prices, though. The average household income in Maple Rapids is $5,777 per month. Households that rent pay about 13.20% of their income on rent here. Maple Rapids's most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.


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