Expensive
Affordable
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These days, finding an affordable place to live in the Omena area can be challenging. Home prices in Omena are now at a median cost of $588,321, higher than the Michigan average of $250,415.
The average cost of rent is $1,039/mo in Omena, primarily driven by the current value of real estate in the Omena area. In Omena, 0.71% of households rent, and 47.50% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Omena is $10,170 per month. Households that rent pay about 10.22% of their income on rent here. Omena’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Northport, MI: equally priced homes
- Suttons Bay, MI: less expensive homes
- Leland, MI: equally priced homes
- Lake Leelanau, MI: equally priced homes
- Old Mission, MI: higher priced homes
- Isadore, MI: less expensive homes
- Eastport, MI: less expensive homes
- Kewadin, MI: equally priced homes
- Glen Haven, MI: less expensive homes
- Elk Rapids, MI: less expensive homes
Cities with Similar Populations
- Murdock, KS: less expensive homes
- Mitchell Heights, WV: less expensive homes
- Moccasin, IL: less expensive homes
- Molino, MO: less expensive homes
- Mongo, IN: less expensive homes
- Monroe Mills, OH: less expensive homes
- Moores Mill, MS: less expensive homes
- Mooreville, TX: less expensive homes
- Moose, WY: higher priced homes
- Morrison, IA: less expensive homes
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