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These days, finding an affordable place to live in the Metamora area can be challenging. Home prices in Metamora are now at a median cost of $365,981, higher than the Michigan average of $250,415.
The average cost of rent is $1,202/mo in Metamora, primarily driven by the current value of real estate in the Metamora area. In Metamora, 7.94% of households rent, and 39.49% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Metamora is $8,994 per month. Households that rent pay about 13.37% of their income on rent here. Metamora’s most expensive areas are in the northwestern 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
- Thornville, MI: equally priced homes
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- Hunters Creek, MI: less expensive homes
- Lapeer, MI: less expensive homes
- Dryden, MI: less expensive homes
- Oxford, MI: equally priced homes
- Ortonville, MI: equally priced homes
- Goodrich, MI: equally priced homes
- Attica, MI: less expensive homes
Cities with Similar Populations
- Mount Zion, IL: less expensive homes
- New Castle, CO: higher priced homes
- New Boston, TX: less expensive homes
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- Negaunee, MI: less expensive homes
- Nashville, AR: less expensive homes
- Narvon, PA: equally priced homes
- Muldrow, OK: less expensive homes
- Mountain View, AR: less expensive homes
- Mountain Grove, MO: less expensive homes
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