The Most Affordable Neighborhoods in Pine Grove Beach, MI by Home Value

 

Pine Grove Beach, MI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Pine Grove Beach area can be challenging. Home prices in Pine Grove Beach are now at a median cost of $129,605, lower than the Michigan average of $196,062.

The average cost of rent is $895/mo in Pine Grove Beach, primarily driven by the current value of real estate in the Pine Grove Beach area. While nearly 61.17% of residents own their homes outright in Pine Grove Beach, 5.64% rent.

Housing affordability isn’t just about home prices, though. The average household income in Pine Grove Beach is $4,162 per month. Households that rent pay about 21.50% of their income on rent here. Pine Grove Beach's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.


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