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Affordable
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These days, finding an affordable place to live in the Perkins area can be challenging. Home prices in Perkins are now at a median cost of $189,084, lower than the Michigan average of $250,415.
The average cost of rent is $683/mo in Perkins, primarily driven by the current value of real estate in the Perkins area. In Perkins, 3.70% of households rent, and 52.90% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Perkins is $5,397 per month. Households that rent pay about 12.65% of their income on rent here. Perkins’s most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Masonville, MI: equally priced homes
- Rock, MI: less expensive homes
- Kipling, MI: less expensive homes
- Rapid River, MI: equally priced homes
- Garth, MI: equally priced homes
- St. Nicholas, MI: equally priced homes
- Cornell, MI: equally priced homes
- Trombly, MI: less expensive homes
- Gladstone, MI: less expensive homes
- Maywood, MI: equally priced homes
Cities with Similar Populations
- Forward, WI: higher priced homes
- Gardner, TN: equally priced homes
- Garden City, SD: less expensive homes
- Gaines, PA: equally priced homes
- Funston, NC: higher priced homes
- Fruit, IL: higher priced homes
- Frontier, MI: less expensive homes
- Fowlkes, TN: less expensive homes
- Fountain Heights, TN: higher priced homes
- Spiritwood, ND: higher priced homes
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