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Affordable
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These days, finding an affordable place to live in the Metropolitan area can be challenging. Home prices in Metropolitan are now at a median cost of $180,194, lower than the Michigan average of $250,415.
The average cost of rent is $762/mo in Metropolitan, primarily driven by the current value of real estate in the Metropolitan area. In Metropolitan, 7.52% of households rent, and 52.36% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Metropolitan is $7,476 per month. Households that rent pay about 10.19% of their income on rent here. Metropolitan’s most expensive areas are in the southeastern 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
- Felch, MI: equally priced homes
- Randville, MI: less expensive homes
- Granite Bluff, MI: higher priced homes
- Ralph, MI: less expensive homes
- Foster City, MI: less expensive homes
- Merriman, MI: higher priced homes
- Sagola, MI: less expensive homes
- Hylas, MI: less expensive homes
- Hardwood, MI: less expensive homes
- Spread Eagle, WI: higher priced homes
Cities with Similar Populations
- Antelope, OR: higher priced homes
- Alsen, ND: less expensive homes
- Annamoriah, WV: less expensive homes
- Anaconda-Deer Lodge County, MT: higher priced homes
- Provo, KY: less expensive homes
- Queens Run, PA: equally priced homes
- Queens Lake, VA: higher priced homes
- Quality, KY: less expensive homes
- Quail, TX: equally priced homes
- Pyrites, NY: less expensive homes
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