Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Ottawa Lake area can be challenging. Home prices in Ottawa Lake are now at a median cost of $216,267, higher than the Michigan average of $196,062.
The average cost of rent is $1,155/mo in Ottawa Lake, primarily driven by the current value of real estate in the Ottawa Lake area. While nearly 41.18% of residents own their homes outright in Ottawa Lake, 10.30% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ottawa Lake is $6,939 per month. Households that rent pay about 16.65% of their income on rent here. Ottawa Lake's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Whiteford Center, MI: equally priced homes
- Lambertville, MI: equally priced homes
- Sylvania, OH: higher priced homes
- Riga, MI: less expensive homes
- Temperance, MI: less expensive homes
- Ottawa Hills, OH: higher priced homes
- Samaria, MI: equally priced homes
- Berkey, OH: less expensive homes
- Petersburg, MI: equally priced homes
- Richfield Center, OH: equally priced homes
Cities with Similar Populations
- Ben Wheeler, TX: equally priced homes
- Captain Cook, HI: higher priced homes
- Carroll Valley, PA: higher priced homes
- Cassatt, SC: less expensive homes
- Clinton, PA: less expensive homes
- West DeLand, FL: less expensive homes
- Roseau, MN: less expensive homes
- Rosemont, IL: higher priced homes
- Roseville, OH: less expensive homes
- Roundup, MT: equally priced homes
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