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Affordable
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These days, finding an affordable place to live in the Morley area can be challenging. Home prices in Morley are now at a median cost of $162,742, lower than the Michigan average of $250,415.
The average cost of rent is $998/mo in Morley, primarily driven by the current value of real estate in the Morley area. In Morley, 14.54% of households rent, and 49.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Morley is $5,101 per month. Households that rent pay about 19.57% of their income on rent here. Morley’s most expensive areas are in the northeastern 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
- Stanwood, MI: equally priced homes
- Howard City, MI: higher priced homes
- Croton Heights, MI: equally priced homes
- Canadian Lakes, MI: higher priced homes
- Lakeview, MI: higher priced homes
- Sylvester, MI: higher priced homes
- Coral, MI: higher priced homes
- Mecosta, MI: equally priced homes
- Croton, MI: higher priced homes
- Pierson, MI: higher priced homes
Cities with Similar Populations
- Custer, WA: higher priced homes
- Bowling Green, FL: less expensive homes
- Concord, VA: higher priced homes
- Sanderson, FL: higher priced homes
- Phillips, WI: equally priced homes
- Paige, TX: higher priced homes
- East Haddam, CT: higher priced homes
- Bradley Beach, NJ: higher priced homes
- Wewoka, OK: less expensive homes
- Shenandoah, TX: higher priced homes
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