Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mount Morris area can be challenging. Home prices in Mount Morris are now at a median cost of $72,618, lower than the Michigan average of $196,062.
The average cost of rent is $809/mo in Mount Morris, primarily driven by the current value of real estate in the Mount Morris area. While nearly 53.66% of residents own their homes outright in Mount Morris, 34.35% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mount Morris is $3,353 per month. Households that rent pay about 24.12% of their income on rent here. Mount Morris's most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Beecher, MI: less expensive homes
- Genesee, MI: higher priced homes
- Clio, MI: higher priced homes
- Flint, MI: equally priced homes
- Thetford Center, MI: higher priced homes
- Russellville, MI: higher priced homes
- Farrandville, MI: higher priced homes
- Flushing, MI: higher priced homes
- Burton, MI: higher priced homes
- Otisville, MI: higher priced homes
Cities with Similar Populations
- Nolensville, TN: higher priced homes
- Red Wing, MN: higher priced homes
- Randleman, NC: higher priced homes
- Purcellville, VA: higher priced homes
- Portsmouth, RI: higher priced homes
- Plain City, OH: higher priced homes
- Pinecrest, FL: higher priced homes
- Perry, FL: higher priced homes
- Pembroke, MA: higher priced homes
- Riverdale, IL: higher priced homes
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