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Affordable
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These days, finding an affordable place to live in the Owendale area can be challenging. Home prices in Owendale are now at a median cost of $136,593, lower than the Michigan average of $250,415.
The average cost of rent is $866/mo in Owendale, primarily driven by the current value of real estate in the Owendale area. In Owendale, 10.78% of households rent, and 54.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Owendale is $6,269 per month. Households that rent pay about 13.82% of their income on rent here. Owendale’s most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Linkville, MI: higher priced homes
- Gagetown, MI: equally priced homes
- Kilmanagh, MI: higher priced homes
- Elkton, MI: equally priced homes
- New Greenleaf, MI: higher priced homes
- Berne, MI: higher priced homes
- Cass City, MI: equally priced homes
- Wickware, MI: equally priced homes
- Bay Port, MI: higher priced homes
- Colwood, MI: higher priced homes
Cities with Similar Populations
- Schulte, KS: higher priced homes
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- Nassawadox, VA: higher priced homes
- Sabula, IA: higher priced homes
- Salix, IA: higher priced homes
- Salkum, WA: higher priced homes
- San Patricio, TX: higher priced homes
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