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These days, finding an affordable place to live in the Matherton area can be challenging. Home prices in Matherton are now at a median cost of $228,674, lower than the Michigan average of $250,415.
The average cost of rent is $511/mo in Matherton, primarily driven by the current value of real estate in the Matherton area. In Matherton, 8.15% of households rent, and 49.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Matherton is $6,374 per month. Households that rent pay about 8.01% of their income on rent here. Matherton’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hubbardston, MI: less expensive homes
- Pewamo, MI: less expensive homes
- Fowler, MI: equally priced homes
- Muir, MI: less expensive homes
- Maple Rapids, MI: less expensive homes
- Carson City, MI: less expensive homes
- Westphalia, MI: higher priced homes
- Palo, MI: less expensive homes
- Lyons, MI: less expensive homes
- Perrinton, MI: equally priced homes
Cities with Similar Populations
- Willard, WV: less expensive homes
- Wetonka, SD: higher priced homes
- Wheatland, OR: higher priced homes
- White Sulphur, OH: higher priced homes
- White Sulphur Springs, LA: less expensive homes
- Whitfield, IN: equally priced homes
- Whitney, MI: less expensive homes
- Wiley, PA: higher priced homes
- Willard, NM: less expensive homes
- Charlieville, LA: less expensive homes
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