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These days, finding an affordable place to live in the Pomona area can be challenging. Home prices in Pomona are now at a median cost of $176,301, lower than the Michigan average of $250,415.
The average cost of rent is $1,066/mo in Pomona, primarily driven by the current value of real estate in the Pomona area. In Pomona, 13.53% of households rent, and 41.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Pomona is $4,642 per month. Households that rent pay about 22.97% of their income on rent here. Pomona’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Copemish, MI: equally priced homes
- Harlan, MI: less expensive homes
- Thompsonville, MI: higher priced homes
- Wallin, MI: higher priced homes
- Kaleva, MI: less expensive homes
- Sherman, MI: equally priced homes
- Yuma, MI: less expensive homes
- Mesick, MI: equally priced homes
- Karlin, MI: higher priced homes
- Brethren, MI: equally priced homes
Cities with Similar Populations
- Edgerton, VA: less expensive homes
- Virginia Dale, CO: higher priced homes
- Vineland, AL: less expensive homes
- Vine Hill, AL: less expensive homes
- Villanueva, NM: less expensive homes
- Village of Lake Isabella, MI: equally priced homes
- Vienna, SD: higher priced homes
- Vida, MT: higher priced homes
- Fatio, FL: less expensive homes
- Edmon, PA: less expensive homes
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