The Most Affordable Neighborhoods in Norton Shores, MI by Home Value

 

Norton Shores, MI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Norton Shores area can be challenging. Home prices in Norton Shores are now at a median cost of $180,306, lower than the Michigan average of $196,062.

The average cost of rent is $1,050/mo in Norton Shores, primarily driven by the current value of real estate in the Norton Shores area. While nearly 34.00% of residents own their homes outright in Norton Shores, 14.77% rent.

Housing affordability isn’t just about home prices, though. The average household income in Norton Shores is $6,135 per month. Households that rent pay about 17.12% of their income on rent here. Norton Shores's most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.


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