Expensive
Affordable
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the Morenci area can be challenging. Home prices in Morenci are now at a median cost of $124,230, lower than the Michigan average of $250,415.
The average cost of rent is $996/mo in Morenci, primarily driven by the current value of real estate in the Morenci area. In Morenci, 20.93% of households rent, and 43.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Morenci is $5,536 per month. Households that rent pay about 17.99% of their income on rent here. Morenci’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- North Morenci, MI: higher priced homes
- Powers, OH: higher priced homes
- Seneca, MI: higher priced homes
- Weston, MI: higher priced homes
- Munson, MI: higher priced homes
- Medina, MI: higher priced homes
- Fayette, OH: higher priced homes
- Lyons, OH: higher priced homes
- Sand Creek, MI: higher priced homes
- Tedrow, OH: higher priced homes
Cities with Similar Populations
- Norway, MI: higher priced homes
- Newbury, MA: higher priced homes
- Conway, NH: higher priced homes
- Bon Secour, AL: higher priced homes
- Abernathy, TX: higher priced homes
- Kingston, OH: higher priced homes
- Jesup, IA: higher priced homes
- Italy, TX: higher priced homes
- Glenwood, MD: higher priced homes
- Friedens, PA: higher priced homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood