
Home Price Key
These days, finding an affordable place to live in the New Hudson area can be challenging. Home prices in New Hudson are now at a median cost of $331,369, higher than the Michigan average of $196,062.
The average cost of rent is $1,876/mo in New Hudson, primarily driven by the current value of real estate in the New Hudson area. While nearly 31.34% of residents own their homes outright in New Hudson, 22.27% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Hudson is $8,328 per month. Households that rent pay about 22.53% of their income on rent here. New Hudson's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- South Lyon, MI: equally priced homes
- Milford, MI: equally priced homes
- Wixom, MI: less expensive homes
- Salem, MI: higher priced homes
- Novi, MI: higher priced homes
- Brighton, MI: equally priced homes
- Wolverine Lake, MI: less expensive homes
- Walled Lake, MI: less expensive homes
- Northville, MI: higher priced homes
- Commerce Township, MI: equally priced homes
Cities with Similar Populations
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- Dos Palos, CA: less expensive homes
- Doraville, GA: less expensive homes
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