Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mio area can be challenging. Home prices in Mio are now at a median cost of $104,460, lower than the Michigan average of $196,062.
The average cost of rent is $718/mo in Mio, primarily driven by the current value of real estate in the Mio area. While nearly 51.12% of residents own their homes outright in Mio, 15.26% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mio is $3,768 per month. Households that rent pay about 19.07% of their income on rent here. Mio's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Kneeland, MI: higher priced homes
- Fairview, MI: higher priced homes
- Luzerne, MI: less expensive homes
- Red Oak, MI: equally priced homes
- Comins, MI: higher priced homes
- McKinley, MI: less expensive homes
- Lewiston, MI: higher priced homes
- Rose City, MI: equally priced homes
- Curran, MI: higher priced homes
- South Branch, MI: less expensive homes
Cities with Similar Populations
- South Paris, ME: higher priced homes
- Elsberry, MO: higher priced homes
- Kuhio Village, HI: higher priced homes
- Paige, TX: higher priced homes
- Knox, PA: higher priced homes
- Avalon, CA: higher priced homes
- Blaine, TN: higher priced homes
- Blackville, SC: less expensive homes
- Elkhart, TX: higher priced homes
- Kittitas, WA: higher priced homes
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