Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Palisades Park area can be challenging. Home prices in Palisades Park are now at a median cost of $100,285, lower than the Michigan average of $196,062.
The average cost of rent is $925/mo in Palisades Park, primarily driven by the current value of real estate in the Palisades Park area. While nearly 64.54% of residents own their homes outright in Palisades Park, 34.90% rent.
Housing affordability isn’t just about home prices, though. The average household income in Palisades Park is $2,933 per month. Households that rent pay about 31.52% of their income on rent here. Palisades Park's most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Covert, MI: equally priced homes
- Lacota, MI: higher priced homes
- Toquin, MI: higher priced homes
- South Haven, MI: higher priced homes
- Paw Paw Lake, MI: higher priced homes
- Hagar Shores, MI: higher priced homes
- McDonald, MI: higher priced homes
- Coloma, MI: higher priced homes
- Kibbie, MI: higher priced homes
- Bangor, MI: higher priced homes
Cities with Similar Populations
- Wye, AR: higher priced homes
- Kemblesville, PA: higher priced homes
- Kent, IA: higher priced homes
- Keomah Village, IA: higher priced homes
- Kerr, NC: higher priced homes
- Kimberly, WV: less expensive homes
- Wyoma, WV: less expensive homes
- Wyeville, WI: higher priced homes
- Klotzville, LA: less expensive homes
- Kelly, TX: higher priced homes
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