Affordable
Expensive
Expensive
Colorblind friendly
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These days, finding an affordable place to live in the Nelson area can be challenging. Home prices in Nelson are now at a median cost of $146,805, lower than the Muskegon average of $163,165.
The average cost of rent is $919/mo in Nelson, primarily driven by the current value of real estate in the Nelson area. In Nelson, 61.48% of households rent, and 53.94% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Nelson is $3,548 per month. Households that rent pay about 25.91% of their income on rent here. Nelson’s most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Marquette, Muskegon, MI: equally priced homes
- Shady Park Neighbourhood, Muskegon, MI: higher priced homes
- Westside, Grand Rapids, MI: higher priced homes
- West Grand, Grand Rapids, MI: higher priced homes
- John Ball Park, Grand Rapids, MI: higher priced homes
- Swan, Grand Rapids, MI: higher priced homes
- Creston, Grand Rapids, MI: higher priced homes
- Belknap Lookout, Grand Rapids, MI: higher priced homes
- Heartside-Downtown, Grand Rapids, MI: higher priced homes
- Roosevelt Park, Grand Rapids, MI: higher priced homes
Neighborhoods with Similar Populations
- Broadview Park, South Portland, ME: higher priced homes
- Galeville, Liverpool, NY: equally priced homes
- Lake Hollingsworth, Lakeland, FL: higher priced homes
- Skyland, Denver, CO: higher priced homes
- Paradise Park, Savannah, GA: higher priced homes
- Indian River Park, Mims, FL: higher priced homes
- Richmond Grove, Sacramento, CA: higher priced homes
- Harrison, Minneapolis, MN: higher priced homes
- Rio Grande Park, Orlando, FL: higher priced homes
- East Topeka, Topeka, KS: higher priced homes
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