The Most Affordable Neighborhoods in Minor Beach, MI by Home Value

 

Minor Beach, MI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Minor Beach area can be challenging. Home prices in Minor Beach are now at a median cost of $182,596, lower than the Michigan average of $250,415.

The average cost of rent is $771/mo in Minor Beach, primarily driven by the current value of real estate in the Minor Beach area. In Minor Beach, 2.44% of households rent, and 52.77% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Minor Beach is $7,249 per month. Households that rent pay about 10.64% of their income on rent here. Minor Beach’s most expensive areas are in the central regions, while the cheapest areas are in the eastern 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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