Affordable
Expensive
Expensive
Colorblind friendly
off
These days, finding an affordable place to live in the Petosky-Otsego area can be challenging. Home prices in Petosky-Otsego are now at a median cost of $58,630, lower than the Detroit average of $268,120.
The average cost of rent is $1,028/mo in Petosky-Otsego, primarily driven by the current value of real estate in the Petosky-Otsego area. In Petosky-Otsego, 48.45% of households rent, and 89.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Petosky-Otsego is $2,457 per month. Households that rent pay about 41.85% of their income on rent here. Petosky-Otsego’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Tireman, Detroit, MI: equally priced homes
- Midwest, Detroit, MI: less expensive homes
- Russell Woods, Detroit, MI: higher priced homes
- Durfee, Detroit, MI: higher priced homes
- Winter Halter, Detroit, MI: higher priced homes
- Boston Edison, Detroit, MI: higher priced homes
- New Center, Detroit, MI: higher priced homes
- Barton-McFarland, Detroit, MI: higher priced homes
- Core City, Detroit, MI: higher priced homes
- MacKenzie, Detroit, MI: equally priced homes
Neighborhoods with Similar Populations
- Glencove, Vallejo, CA: higher priced homes
- Northside, Riverside, CA: higher priced homes
- South Lamar, Austin, TX: higher priced homes
- South Park Hill, Denver, CO: higher priced homes
- Irvington, Portland, OR: higher priced homes
- West End, Atlanta, GA: higher priced homes
- Forest Grove, Worcester, MA: higher priced homes
- Downtown East, Las Vegas, NV: higher priced homes
- Windsor Hills, Austin, TX: higher priced homes
- Black Mountain Ranch, San Diego, CA: higher priced homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood