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Affordable
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These days, finding an affordable place to live in the Mears area can be challenging. Home prices in Mears are now at a median cost of $260,962, higher than the Michigan average of $250,415.
The average cost of rent is $1,028/mo in Mears, primarily driven by the current value of real estate in the Mears area. In Mears, 8.04% of households rent, and 49.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mears is $5,617 per month. Households that rent pay about 18.30% of their income on rent here. Mears’s most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Little Point Sable, MI: equally priced homes
- Hart, MI: less expensive homes
- Shelby, MI: less expensive homes
- Pentwater, MI: higher priced homes
- Stony Lake, MI: equally priced homes
- New Era, MI: less expensive homes
- Rothbury, MI: less expensive homes
- Wiley, MI: less expensive homes
- Walkerville, MI: less expensive homes
- Fern, MI: less expensive homes
Cities with Similar Populations
- North Palm Springs, CA: higher priced homes
- Raymond, MN: less expensive homes
- Potosi, WI: less expensive homes
- Porterdale, GA: less expensive homes
- Port Tobacco, MD: higher priced homes
- Port Royal, TN: higher priced homes
- Poolville, TX: higher priced homes
- Pomeroy, WA: less expensive homes
- Poag, IL: equally priced homes
- Paulina, LA: higher priced homes
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