
Home Price Key
These days, finding an affordable place to live in the Pellston area can be challenging. Home prices in Pellston are now at a median cost of $142,037, lower than the Michigan average of $196,062.
The average cost of rent is $871/mo in Pellston, primarily driven by the current value of real estate in the Pellston area. While nearly 34.18% of residents own their homes outright in Pellston, 13.48% rent.
Housing affordability isn’t just about home prices, though. The average household income in Pellston is $4,516 per month. Households that rent pay about 19.29% of their income on rent here. Pellston's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Van, MI: equally priced homes
- Weadock, MI: higher priced homes
- Brutus, MI: higher priced homes
- Levering, MI: higher priced homes
- Oden, MI: equally priced homes
- Alanson, MI: higher priced homes
- Cross Village, MI: higher priced homes
- Harbor Springs, MI: higher priced homes
- Carp Lake, MI: equally priced homes
- Conway, MI: higher priced homes
Cities with Similar Populations
- Papaikou, HI: higher priced homes
- Terza, MS: less expensive homes
- Tanner, AL: higher priced homes
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- Sweden Center, NY: higher priced homes
- Russell, MA: higher priced homes
- Ridgecrest, NC: higher priced homes
- Richland, GA: less expensive homes
- Reeders, PA: higher priced homes
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