Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Point Nipigon area can be challenging. Home prices in Point Nipigon are now at a median cost of $152,269, lower than the Michigan average of $196,062.
The average cost of rent is $836/mo in Point Nipigon, primarily driven by the current value of real estate in the Point Nipigon area. While nearly 55.43% of residents own their homes outright in Point Nipigon, 13.96% rent.
Housing affordability isn’t just about home prices, though. The average household income in Point Nipigon is $3,970 per month. Households that rent pay about 21.07% of their income on rent here. Point Nipigon's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
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Cities with Similar Populations
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