Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the McFarland area can be challenging. Home prices in McFarland are now at a median cost of $117,162, lower than the Michigan average of $196,062.
The average cost of rent is $705/mo in McFarland, primarily driven by the current value of real estate in the McFarland area. While nearly 53.60% of residents own their homes outright in McFarland, 8.83% rent.
Housing affordability isn’t just about home prices, though. The average household income in McFarland is $3,942 per month. Households that rent pay about 17.90% of their income on rent here. McFarland's most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Lathrop, MI: equally priced homes
- New Swanzy, MI: higher priced homes
- Little Lake, MI: higher priced homes
- Kiva, MI: higher priced homes
- Trombly, MI: equally priced homes
- Ladoga, MI: higher priced homes
- Gwinn, MI: less expensive homes
- Rock, MI: higher priced homes
- Austin, MI: higher priced homes
- Lawson, MI: higher priced homes
Cities with Similar Populations
- Cattron, SD: less expensive homes
- Westover, NC: less expensive homes
- West Monterey, PA: higher priced homes
- West Eaton, NY: less expensive homes
- West Dummerston, VT: higher priced homes
- Wenasoga, MS: less expensive homes
- Wellford, VA: higher priced homes
- Wealthwood, MN: higher priced homes
- Waterview, KY: equally priced homes
- Wardell, AR: less expensive homes
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