Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Michael area can be challenging. Home prices in Michael are now at a median cost of $122,561, lower than the Illinois average of $242,002.
The average cost of rent is $563/mo in Michael, primarily driven by the current value of real estate in the Michael area. While nearly 53.36% of residents own their homes outright in Michael, 13.47% rent.
Housing affordability isn’t just about home prices, though. The average household income in Michael is $5,017 per month. Households that rent pay about 11.23% of their income on rent here. Michael's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Hardin, IL: less expensive homes
- Hamburg, IL: higher priced homes
- Kampsville, IL: equally priced homes
- Eldred, IL: less expensive homes
- Gilead, IL: higher priced homes
- Nutwood, IL: higher priced homes
- Fieldon, IL: higher priced homes
- Woody, IL: less expensive homes
- Mozier, IL: higher priced homes
- Oasis, MO: higher priced homes
Cities with Similar Populations
- Roaring Creek, NC: higher priced homes
- Mineral Springs, OH: equally priced homes
- Miramonte, CA: higher priced homes
- Misha Mokwa, WI: higher priced homes
- Mission, MN: higher priced homes
- Moffitsville, NY: higher priced homes
- Moland, MN: higher priced homes
- Moores Chapel, TN: less expensive homes
- Moorestown, MI: equally priced homes
- Morgan City, AL: equally priced homes
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