Home Price Key
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Average
Expensive
These days, finding an affordable place to live in the Pontiac area can be challenging. Home prices in Pontiac are now at a median cost of $89,910, lower than the Michigan average of $196,062.
The average cost of rent is $899/mo in Pontiac, primarily driven by the current value of real estate in the Pontiac area. While nearly 48.16% of residents own their homes outright in Pontiac, 55.58% rent.
Housing affordability isn’t just about home prices, though. The average household income in Pontiac is $3,578 per month. Households that rent pay about 25.13% of their income on rent here. Pontiac's most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Auburn Hills, MI: higher priced homes
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- Sylvan Lake, MI: higher priced homes
- Keego Harbor, MI: higher priced homes
- Waterford, MI: higher priced homes
- Bloomfield Hills, MI: higher priced homes
- Orchard Lake Village, MI: higher priced homes
- Rochester Hills, MI: higher priced homes
- Lake Orion, MI: higher priced homes
- West Bloomfield, MI: higher priced homes
Cities with Similar Populations
- Blue Springs, MO: higher priced homes
- Lake Havasu City, AZ: higher priced homes
- La Mesa, CA: higher priced homes
- Medina, OH: higher priced homes
- Ithaca, NY: higher priced homes
- Irvington, NJ: higher priced homes
- Bristol, CT: higher priced homes
- Tigard, OR: higher priced homes
- The Hammocks, FL: higher priced homes
- Taylorsville, UT: higher priced homes
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