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These days, finding an affordable place to live in the Marion Springs area can be challenging. Home prices in Marion Springs are now at a median cost of $133,587, lower than the Michigan average of $250,415.
The average cost of rent is $1,044/mo in Marion Springs, primarily driven by the current value of real estate in the Marion Springs area. In Marion Springs, 10.07% of households rent, and 45.20% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Marion Springs is $4,790 per month. Households that rent pay about 21.79% of their income on rent here. Marion Springs’s most expensive areas are in the northeastern 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
- Brant, MI: higher priced homes
- Fenmore, MI: equally priced homes
- Sickles, MI: equally priced homes
- Nelson, MI: higher priced homes
- Rathbone, MI: higher priced homes
- Bannister, MI: higher priced homes
- St. Charles, MI: higher priced homes
- Merrill, MI: higher priced homes
- Oakley, MI: higher priced homes
- Ashley, MI: higher priced homes
Cities with Similar Populations
- Mount George, AR: less expensive homes
- Olive Branch, IL: less expensive homes
- Nixonton, NC: higher priced homes
- Nicholville, NY: less expensive homes
- Nezperce, ID: higher priced homes
- New Weston, OH: higher priced homes
- New Vernon, NJ: higher priced homes
- New Edinburg, AR: equally priced homes
- Nelson, VA: equally priced homes
- Nelliston, NY: less expensive homes
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