
Home Price Key
These days, finding an affordable place to live in the Onaway area can be challenging. Home prices in Onaway are now at a median cost of $101,061, lower than the Michigan average of $196,062.
The average cost of rent is $651/mo in Onaway, primarily driven by the current value of real estate in the Onaway area. While nearly 56.03% of residents own their homes outright in Onaway, 12.61% rent.
Housing affordability isn’t just about home prices, though. The average household income in Onaway is $4,025 per month. Households that rent pay about 16.17% of their income on rent here. Onaway's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Coddes Beach, MI: higher priced homes
- Tower, MI: equally priced homes
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- Canada Creek Ranch, MI: higher priced homes
- Alverno, MI: higher priced homes
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- Indian River, MI: higher priced homes
- Wolverine, MI: higher priced homes
Cities with Similar Populations
- Astatula, FL: higher priced homes
- Helmetta, NJ: higher priced homes
- Hamilton, IN: higher priced homes
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- Erin, TN: higher priced homes
- Corbett, OR: higher priced homes
- Cambridge City, IN: equally priced homes
- St. Clair, PA: less expensive homes
- McAlisterville, PA: higher priced homes
- New Bloomfield, MO: higher priced homes
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