Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Midland area can be challenging. Home prices in Midland are now at a median cost of $167,361, lower than the Michigan average of $196,062.
The average cost of rent is $959/mo in Midland, primarily driven by the current value of real estate in the Midland area. While nearly 44.23% of residents own their homes outright in Midland, 21.99% rent.
Housing affordability isn’t just about home prices, though. The average household income in Midland is $6,260 per month. Households that rent pay about 15.32% of their income on rent here. Midland's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Bullock Creek, MI: less expensive homes
- Poseyville, MI: less expensive homes
- Willard, MI: less expensive homes
- Mapleton, MI: equally priced homes
- Fisherville, MI: less expensive homes
- Sanford, MI: equally priced homes
- Auburn, MI: less expensive homes
- Freeland, MI: equally priced homes
- Laporte, MI: equally priced homes
- Hope, MI: less expensive homes
Cities with Similar Populations
- Orland Park, IL: higher priced homes
- Wilmington, CA: higher priced homes
- Wellington, FL: higher priced homes
- Tigard, OR: higher priced homes
- Smyrna, TN: higher priced homes
- Reston, VA: higher priced homes
- Albany, OR: higher priced homes
- Moore, OK: equally priced homes
- Montebello, CA: higher priced homes
- Manhattan, KS: higher priced homes
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