Expensive
Affordable
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the Melvin area can be challenging. Home prices in Melvin are now at a median cost of $183,024, lower than the Michigan average of $250,415.
The average cost of rent is $779/mo in Melvin, primarily driven by the current value of real estate in the Melvin area. In Melvin, 9.73% 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 Melvin is $4,659 per month. Households that rent pay about 16.73% of their income on rent here. Melvin’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Valley Center, MI: equally priced homes
- Peck, MI: less expensive homes
- Yale, MI: equally priced homes
- Roseburg, MI: higher priced homes
- Brown City, MI: equally priced homes
- Fargo, MI: higher priced homes
- Watertown, MI: less expensive homes
- Croswell, MI: equally priced homes
- Avoca, MI: higher priced homes
- Burnside, MI: higher priced homes
Cities with Similar Populations
- Sappho, WA: higher priced homes
- Norwood, CO: higher priced homes
- Oak Grove Heights, AR: equally priced homes
- Oak Park, MN: higher priced homes
- Rocksprings, TX: less expensive homes
- Rothsay, MN: higher priced homes
- Rupert, WV: less expensive homes
- Rushville, NE: less expensive homes
- Sand Spring, PA: higher priced homes
- Sanostee, NM: less expensive homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood