Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Olivet area can be challenging. Home prices in Olivet are now at a median cost of $145,764, lower than the Michigan average of $196,062.
The average cost of rent is $867/mo in Olivet, primarily driven by the current value of real estate in the Olivet area. While nearly 37.36% of residents own their homes outright in Olivet, 24.47% rent.
Housing affordability isn’t just about home prices, though. The average household income in Olivet is $4,814 per month. Households that rent pay about 18.00% of their income on rent here. Olivet's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Partello, MI: equally priced homes
- Bellevue, MI: equally priced homes
- Carlisle, MI: higher priced homes
- Duck Lake, MI: higher priced homes
- Charlotte, MI: equally priced homes
- Urbandale, MI: higher priced homes
- Chester, MI: higher priced homes
- Marengo, MI: higher priced homes
- Maplehurst, MI: equally priced homes
- Marshall, MI: higher priced homes
Cities with Similar Populations
- Lemmon Valley, NV: higher priced homes
- Lindsay, OK: less expensive homes
- Linden, VA: higher priced homes
- Linden, NC: higher priced homes
- Lindale, GA: less expensive homes
- Lincolnton, GA: equally priced homes
- Limestone, TN: equally priced homes
- Lexington, MI: equally priced homes
- Lewisburg, WV: higher priced homes
- Leslie, MI: equally priced homes
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