Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the McDonald area can be challenging. Home prices in McDonald are now at a median cost of $136,551, lower than the Michigan average of $196,062.
The average cost of rent is $631/mo in McDonald, primarily driven by the current value of real estate in the McDonald area. While nearly 43.11% of residents own their homes outright in McDonald, 16.49% rent.
Housing affordability isn’t just about home prices, though. The average household income in McDonald is $4,000 per month. Households that rent pay about 15.78% of their income on rent here. McDonald's most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Bangor, MI: less expensive homes
- Toquin, MI: equally priced homes
- Hartford, MI: less expensive homes
- Lawrence, MI: equally priced homes
- Breedsville, MI: less expensive homes
- Covert, MI: less expensive homes
- Paw Paw Lake, MI: higher priced homes
- Palisades Park, MI: less expensive homes
- Lacota, MI: higher priced homes
- Watervliet, MI: equally priced homes
Cities with Similar Populations
- Lomax, IL: less expensive homes
- Marblemount, WA: higher priced homes
- Marble, PA: higher priced homes
- Marathon, TX: less expensive homes
- Maplewood, VA: higher priced homes
- Madisonville, NJ: higher priced homes
- Macon, AL: equally priced homes
- Lyon Station, PA: higher priced homes
- Lucerne, OH: higher priced homes
- Loysburg, PA: equally priced homes
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