Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the North Arms area can be challenging. Home prices in North Arms are now at a median cost of $247,509, higher than the Michigan average of $196,062.
The average cost of rent is $701/mo in North Arms, primarily driven by the current value of real estate in the North Arms area. While nearly 45.27% of residents own their homes outright in North Arms, 24.04% rent.
Housing affordability isn’t just about home prices, though. The average household income in North Arms is $4,517 per month. Households that rent pay about 15.51% of their income on rent here. North Arms's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Bellaire, MI: less expensive homes
- Alden, MI: equally priced homes
- Clam River, MI: equally priced homes
- Kewadin, MI: higher priced homes
- Central Lake, MI: less expensive homes
- Green River, MI: less expensive homes
- Pleasant Valley, MI: less expensive homes
- Torch River, MI: higher priced homes
- Elk Rapids, MI: higher priced homes
- Wetzel, MI: less expensive homes
Cities with Similar Populations
- Avoca, IN: less expensive homes
- Perryville, TN: less expensive homes
- Panther, WV: less expensive homes
- Paradise Valley, PA: less expensive homes
- Parshall, CO: higher priced homes
- Pee Dee, SC: less expensive homes
- Pelland, MN: less expensive homes
- Penn Cove Park, WA: higher priced homes
- Peone, WA: higher priced homes
- Perkinsville, NY: less expensive homes
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