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These days, finding an affordable place to live in the Masonville area can be challenging. Home prices in Masonville are now at a median cost of $184,459, lower than the Michigan average of $250,415.
The average cost of rent is $755/mo in Masonville, primarily driven by the current value of real estate in the Masonville area. In Masonville, 3.36% of households rent, and 53.91% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Masonville is $5,525 per month. Households that rent pay about 13.67% of their income on rent here. Masonville’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rapid River, MI: equally priced homes
- Garth, MI: equally priced homes
- Perkins, MI: equally priced homes
- Kipling, MI: less expensive homes
- Gladstone, MI: less expensive homes
- Maywood, MI: equally priced homes
- Groos, MI: less expensive homes
- Cornell, MI: equally priced homes
- Rock, MI: less expensive homes
- St. Jacques, MI: equally priced homes
Cities with Similar Populations
- Pawnee Rock, KS: less expensive homes
- Oriental, PA: higher priced homes
- Osterhout, PA: less expensive homes
- Otoe, NE: higher priced homes
- Otto, WV: less expensive homes
- Owls Head, NY: less expensive homes
- Palmer, IA: less expensive homes
- Palmer, NY: higher priced homes
- Parker, ID: higher priced homes
- Parkwood, NC: higher priced homes
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