Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Morrice area can be challenging. Home prices in Morrice are now at a median cost of $135,255, lower than the Michigan average of $196,062.
The average cost of rent is $1,019/mo in Morrice, primarily driven by the current value of real estate in the Morrice area. While nearly 28.05% of residents own their homes outright in Morrice, 17.65% rent.
Housing affordability isn’t just about home prices, though. The average household income in Morrice is $6,359 per month. Households that rent pay about 16.03% of their income on rent here. Morrice's most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Perry, MI: higher priced homes
- Pittsburg, MI: higher priced homes
- Bancroft, MI: higher priced homes
- Shiawasseetown, MI: higher priced homes
- Shaftsburg, MI: higher priced homes
- New Salem, MI: higher priced homes
- Durand, MI: less expensive homes
- Laingsburg, MI: higher priced homes
- Vernon, MI: less expensive homes
- Byron, MI: higher priced homes
Cities with Similar Populations
- Yardley, PA: higher priced homes
- Onamia, MN: higher priced homes
- Orchard City, CO: higher priced homes
- Mountain Lake, MN: equally priced homes
- Orion, IL: higher priced homes
- Randolph, NY: less expensive homes
- Loxahatchee, FL: higher priced homes
- Royalton, MN: higher priced homes
- Iberia, MO: equally priced homes
- Grove Hill, AL: less expensive homes
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