Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Pelkie area can be challenging. Home prices in Pelkie are now at a median cost of $138,208, lower than the Michigan average of $196,062.
The average cost of rent is $641/mo in Pelkie, primarily driven by the current value of real estate in the Pelkie area. While nearly 61.06% of residents own their homes outright in Pelkie, 7.39% rent.
Housing affordability isn’t just about home prices, though. The average household income in Pelkie is $3,791 per month. Households that rent pay about 16.91% of their income on rent here. Pelkie's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Arnheim, MI: less expensive homes
- Elo, MI: higher priced homes
- White, MI: less expensive homes
- Twin Lakes, MI: equally priced homes
- Baraga, MI: less expensive homes
- Tapiola, MI: equally priced homes
- Keweenaw Bay, MI: equally priced homes
- Winona, MI: less expensive homes
- Nisula, MI: less expensive homes
- L'Anse, MI: less expensive homes
Cities with Similar Populations
- Sterling, UT: higher priced homes
- Fernwood, ID: higher priced homes
- Ferrelview, MO: equally priced homes
- Flemington, WV: equally priced homes
- Florida, MA: higher priced homes
- Stafford Springs, MS: less expensive homes
- Stanton, AL: less expensive homes
- Star Junction, PA: higher priced homes
- Stebbins, AK: less expensive homes
- Fentress, TX: higher priced homes
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