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Affordable
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These days, finding an affordable place to live in the Pewamo area can be challenging. Home prices in Pewamo are now at a median cost of $202,766, lower than the Michigan average of $250,415.
The average cost of rent is $1,030/mo in Pewamo, primarily driven by the current value of real estate in the Pewamo area. In Pewamo, 9.08% of households rent, and 40.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Pewamo is $8,472 per month. Households that rent pay about 12.16% of their income on rent here. Pewamo’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Matherton, MI: higher priced homes
- Muir, MI: less expensive homes
- Westphalia, MI: higher priced homes
- Lyons, MI: less expensive homes
- Fowler, MI: equally priced homes
- Hubbardston, MI: less expensive homes
- Palo, MI: equally priced homes
- Portland, MI: equally priced homes
- Maple Rapids, MI: equally priced homes
- Ionia, MI: less expensive homes
Cities with Similar Populations
- Humboldt, IL: less expensive homes
- Mangum, MI: higher priced homes
- Loveville, MD: higher priced homes
- Lindsey, OH: equally priced homes
- Lapine, AL: less expensive homes
- Ladd, IL: less expensive homes
- Lacota, MI: higher priced homes
- Knoxville, PA: less expensive homes
- Kittrell, TN: higher priced homes
- Kissee Mills, MO: less expensive homes
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