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Affordable
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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 $165,153, lower than the Michigan average of $250,415.
The average cost of rent is $956/mo in McFarland, primarily driven by the current value of real estate in the McFarland area. In McFarland, 6.12% of households rent, and 47.64% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in McFarland is $5,176 per month. Households that rent pay about 18.47% 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.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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: equally priced homes
- Austin, MI: higher priced homes
- Lawson, MI: higher priced homes
Cities with Similar Populations
- Cattron, SD: higher priced 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: higher priced homes
- Wardell, AR: less expensive homes
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