The Most Affordable Neighborhoods in Otisville, MI by Home Value

 

Otisville, MI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Otisville area can be challenging. Home prices in Otisville are now at a median cost of $152,048, lower than the Michigan average of $196,062.

The average cost of rent is $741/mo in Otisville, primarily driven by the current value of real estate in the Otisville area. While nearly 39.20% of residents own their homes outright in Otisville, 9.61% rent.

Housing affordability isn’t just about home prices, though. The average household income in Otisville is $5,574 per month. Households that rent pay about 13.30% of their income on rent here. Otisville's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.


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