Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Pequaming area can be challenging. Home prices in Pequaming are now at a median cost of $166,900, lower than the Michigan average of $250,415.
The average cost of rent is $714/mo in Pequaming, primarily driven by the current value of real estate in the Pequaming area. In Pequaming, 14.15% of households rent, and 66.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Pequaming is $4,573 per month. Households that rent pay about 15.61% of their income on rent here. Pequaming’s most expensive areas are in the eastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Zeba, MI: equally priced homes
- Aura, MI: higher priced homes
- L'Anse, MI: less expensive homes
- Keweenaw Bay, MI: less expensive homes
- Baraga, MI: less expensive homes
- Skanee, MI: higher priced homes
- Klingville, MI: equally priced homes
- Portage Entry, MI: higher priced homes
- Herman, MI: higher priced homes
- Jacobsville, MI: higher priced homes
Cities with Similar Populations
- Shawkemo, MA: higher priced homes
- Manchester, WA: higher priced homes
- Maple Leaf, SD: less expensive homes
- Marion Forks, OR: higher priced homes
- Schattel, TX: less expensive homes
- Seneca, NM: higher priced homes
- Sequoia National Park, CA: higher priced homes
- Shannon, OH: higher priced homes
- Sharples, WV: less expensive homes
- Mahoning, PA: less expensive homes
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