Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Painesdale area can be challenging. Home prices in Painesdale are now at a median cost of $107,898, lower than the Michigan average of $196,062.
The average cost of rent is $804/mo in Painesdale, primarily driven by the current value of real estate in the Painesdale area. While nearly 51.68% of residents own their homes outright in Painesdale, 9.98% rent.
Housing affordability isn’t just about home prices, though. The average household income in Painesdale is $4,894 per month. Households that rent pay about 16.43% of their income on rent here. Painesdale's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Trimountain, MI: less expensive homes
- South Range, MI: equally priced homes
- Atlantic Mine, MI: higher priced homes
- Dodgeville, MI: higher priced homes
- Schmidt Corner, MI: higher priced homes
- Chassell, MI: higher priced homes
- Tapiola, MI: higher priced homes
- Houghton, MI: higher priced homes
- Hancock, MI: higher priced homes
- Toivola, MI: higher priced homes
Cities with Similar Populations
- Hytop, AL: higher priced homes
- Soda Springs, CA: higher priced homes
- Snyder, NE: higher priced homes
- Smallett, MO: equally priced homes
- Joice, IA: higher priced homes
- Jeffersonville, IL: less expensive homes
- Jay City, IN: higher priced homes
- Ivy, VA: higher priced homes
- Irwin, OH: higher priced homes
- Indiantown, MD: higher priced homes
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