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These days, finding an affordable place to live in the Munson area can be challenging. Home prices in Munson are now at a median cost of $142,498, lower than the Michigan average of $250,415.
The average cost of rent is $1,000/mo in Munson, primarily driven by the current value of real estate in the Munson area. In Munson, 20.79% of households rent, and 41.61% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Munson is $6,081 per month. Households that rent pay about 16.44% of their income on rent here. Munson’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Fayette, OH: equally priced homes
- Prattville, MI: higher priced homes
- Waldron, MI: less expensive homes
- Powers, OH: higher priced homes
- Medina, MI: higher priced homes
- North Morenci, MI: equally priced homes
- Morenci, MI: less expensive homes
- Alvordton, OH: equally priced homes
- Zone, OH: higher priced homes
- Betzer, MI: higher priced homes
Cities with Similar Populations
- Harmony, MD: higher priced homes
- Hansell, IA: less expensive homes
- Harding-Birch Lakes, AK: higher priced homes
- Hardtner, KS: less expensive homes
- Hardy, IA: equally priced homes
- Harkeyville, TX: higher priced homes
- Harlan Crossroads, KY: less expensive homes
- Harman, VA: higher priced homes
- Harmon, OK: higher priced homes
- Hankins, NY: higher priced homes
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