Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Michigamme area can be challenging. Home prices in Michigamme are now at a median cost of $136,655, lower than the Michigan average of $196,062.
The average cost of rent is $672/mo in Michigamme, primarily driven by the current value of real estate in the Michigamme area. While nearly 52.23% of residents own their homes outright in Michigamme, 7.12% rent.
Housing affordability isn’t just about home prices, though. The average household income in Michigamme is $5,305 per month. Households that rent pay about 12.66% of their income on rent here. Michigamme's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Three Lakes, MI: higher priced homes
- Champion, MI: equally priced homes
- Republic, MI: less expensive homes
- Diorite, MI: equally priced homes
- Herman, MI: equally priced homes
- Witch Lake, MI: less expensive homes
- North Lake, MI: higher priced homes
- Covington, MI: higher priced homes
- Ishpeming, MI: less expensive homes
- L'Anse, MI: less expensive homes
Cities with Similar Populations
- Lithia, VA: higher priced homes
- Sadlersville, TN: higher priced homes
- Sabougla, MS: less expensive homes
- Ryot, PA: higher priced homes
- Magnolia, IA: equally priced homes
- Lynn, GA: equally priced homes
- Luna, AR: less expensive homes
- Loyd, MS: less expensive homes
- Los Padillas, NM: less expensive homes
- Lone Star, SC: higher priced homes
All Local Stats
Home Services
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