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Affordable
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These days, finding an affordable place to live in the New Swanzy area can be challenging. Home prices in New Swanzy are now at a median cost of $222,327, lower than the Michigan average of $250,415.
The average cost of rent is $988/mo in New Swanzy, primarily driven by the current value of real estate in the New Swanzy area. In New Swanzy, 3.14% of households rent, and 46.33% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Swanzy is $6,653 per month. Households that rent pay about 14.85% of their income on rent here. New Swanzy’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Austin, MI: higher priced homes
- Little Lake, MI: equally priced homes
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- K. I. Sawyer Air Force Base, MI: higher priced homes
- Skandia, MI: equally priced homes
- Lathrop, MI: less expensive homes
- Sands, MI: equally priced homes
- Dukes, MI: equally priced homes
Cities with Similar Populations
- Dumont, MN: less expensive homes
- Diehlstadt, MO: less expensive homes
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- Dixon, MT: higher priced homes
- Donnellson, IL: less expensive homes
- Dorange, SC: less expensive homes
- Windom, KS: higher priced homes
- Drytown, CA: higher priced homes
- Drywood, WI: equally priced homes
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