Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Muskegon area can be challenging. Home prices in Muskegon are now at a median cost of $120,466, lower than the Michigan average of $196,062.
The average cost of rent is $814/mo in Muskegon, primarily driven by the current value of real estate in the Muskegon area. While nearly 43.32% of residents own their homes outright in Muskegon, 24.26% rent.
Housing affordability isn’t just about home prices, though. The average household income in Muskegon is $4,738 per month. Households that rent pay about 17.19% of their income on rent here. Muskegon's most expensive areas are in the western regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Muskegon Heights, MI: less expensive homes
- North Muskegon, MI: higher priced homes
- Roosevelt Park, MI: higher priced homes
- Norton Shores, MI: higher priced homes
- Wolf Lake, MI: higher priced homes
- Fruitport, MI: higher priced homes
- Twin Lake, MI: higher priced homes
- Sullivan, MI: higher priced homes
- Lakewood Club, MI: equally priced homes
- Ferrysburg, MI: higher priced homes
Cities with Similar Populations
- Wilmington, DE: higher priced homes
- Woodstock, GA: higher priced homes
- White Plains, NY: higher priced homes
- Westerville, OH: higher priced homes
- Winchester, VA: higher priced homes
- Yonkers, NY: higher priced homes
- Westland, MI: higher priced homes
- Westminster, CA: higher priced homes
- Westminster, CO: higher priced homes
- York, PA: higher priced homes
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