Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mineral Hills area can be challenging. Home prices in Mineral Hills are now at a median cost of $69,154, lower than the Michigan average of $196,062.
The average cost of rent is $899/mo in Mineral Hills, primarily driven by the current value of real estate in the Mineral Hills area. While nearly 54.18% of residents own their homes outright in Mineral Hills, 16.51% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mineral Hills is $2,959 per month. Households that rent pay about 30.37% of their income on rent here. Mineral Hills's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Iron River, MI: higher priced homes
- Caspian, MI: higher priced homes
- Stambaugh, MI: equally priced homes
- Beechwood, MI: higher priced homes
- Gaastra, MI: equally priced homes
- Gibbs City, MI: higher priced homes
- Scott Lake, MI: equally priced homes
- Fortune Lake, MI: higher priced homes
- Amasa, MI: higher priced homes
- Tipler, WI: higher priced homes
Cities with Similar Populations
- Red Bank, VA: higher priced homes
- North Chittenango, NY: higher priced homes
- North Cutler, ME: higher priced homes
- North Lilbourn, MO: higher priced homes
- Northway Junction, AK: equally priced homes
- Notre Dame, ME: equally priced homes
- Oak Grove, MS: equally priced homes
- Oak Hill, IL: higher priced homes
- Oak Park, OH: higher priced homes
- Oakhurst, MI: higher priced homes
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