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Affordable
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These days, finding an affordable place to live in the Mullett Lake area can be challenging. Home prices in Mullett Lake are now at a median cost of $182,132, lower than the Michigan average of $250,415.
The average cost of rent is $673/mo in Mullett Lake, primarily driven by the current value of real estate in the Mullett Lake area. In Mullett Lake, 4.32% of households rent, and 44.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mullett Lake is $4,948 per month. Households that rent pay about 13.61% of their income on rent here. Mullett Lake’s most expensive areas are in the western 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
- Birchwood, MI: higher priced homes
- Long Point, MI: higher priced homes
- Cheboygan, MI: equally priced homes
- Point Nipigon, MI: higher priced homes
- Topinabee, MI: higher priced homes
- Van, MI: higher priced homes
- Brutus, MI: higher priced homes
- Alverno, MI: higher priced homes
- Indian River, MI: higher priced homes
- Weadock, MI: higher priced homes
Cities with Similar Populations
- Clyman, WI: higher priced homes
- West Ossipee, NH: higher priced homes
- Wasco, OR: higher priced homes
- Wallace, NE: less expensive homes
- Delano, OH: higher priced homes
- Cook, NE: equally priced homes
- Colony, KS: less expensive homes
- Collierstown, VA: higher priced homes
- Colbyville, VT: higher priced homes
- Cohoctah, MI: higher priced homes
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