Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Morseville area can be challenging. Home prices in Morseville are now at a median cost of $149,625, lower than the Michigan average of $196,062.
The average cost of rent is $945/mo in Morseville, primarily driven by the current value of real estate in the Morseville area. While nearly 42.96% of residents own their homes outright in Morseville, 10.46% rent.
Housing affordability isn’t just about home prices, though. The average household income in Morseville is $5,540 per month. Households that rent pay about 17.06% of their income on rent here. Morseville's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Birch Run, MI: equally priced homes
- Montrose, MI: less expensive homes
- Burt, MI: equally priced homes
- Farrandville, MI: higher priced homes
- Taymouth, MI: less expensive homes
- Clio, MI: less expensive homes
- Fosters, MI: less expensive homes
- Bridgeport, MI: less expensive homes
- Frankenmuth, MI: higher priced homes
- New Lothrop, MI: higher priced homes
Cities with Similar Populations
- DeWitt, NE: equally priced homes
- Vossburg, MS: less expensive homes
- Volente, TX: higher priced homes
- Virgin, UT: higher priced homes
- Utopia, TX: equally priced homes
- Turner Crossroads, AL: less expensive homes
- Duluth, KY: equally priced homes
- Duke Center, PA: less expensive homes
- Drewryville, VA: less expensive homes
- Doylestown, WI: higher priced homes
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