The Most Affordable Neighborhoods in Michigan City, ND by Home Value

These days, finding an affordable place to live in the Michigan City area can be challenging. Home prices in Michigan City are now at a median cost of $122,124, lower than the North Dakota average of $273,535.

The average cost of rent is $780/mo in Michigan City, primarily driven by the current value of real estate in the Michigan City area. In Michigan City, 20.97% of households rent, and 72.85% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Michigan City is $5,239 per month. Households that rent pay about 14.88% of their income on rent here. Michigan City’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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