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These days, finding an affordable place to live in the Mendon area can be challenging. Home prices in Mendon are now at a median cost of $180,839, lower than the Michigan average of $250,415.
The average cost of rent is $944/mo in Mendon, primarily driven by the current value of real estate in the Mendon area. In Mendon, 9.02% of households rent, and 47.90% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mendon is $5,698 per month. Households that rent pay about 16.56% of their income on rent here. Mendon’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Wasepi, MI: less expensive homes
- Parkville, MI: equally priced homes
- Leonidas, MI: higher priced homes
- Fairfax, MI: equally priced homes
- Centreville, MI: equally priced homes
- Nottawa, MI: higher priced homes
- Colon, MI: equally priced homes
- Moore Park, MI: higher priced homes
- Vicksburg, MI: higher priced homes
- Shorecrest, MI: equally priced homes
Cities with Similar Populations
- Keymar, MD: higher priced homes
- Fraser, CO: higher priced homes
- Fredonia, KS: less expensive homes
- Gallatin, MO: equally priced homes
- Galva, IL: less expensive homes
- Greenwood, WI: less expensive homes
- Hanapepe, HI: higher priced homes
- Holland Patent, NY: higher priced homes
- Jonesboro, IN: less expensive homes
- Augusta, WI: higher priced homes
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