Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Port Hope area can be challenging. Home prices in Port Hope are now at a median cost of $118,610, lower than the Michigan average of $196,062.
The average cost of rent is $634/mo in Port Hope, primarily driven by the current value of real estate in the Port Hope area. While nearly 59.46% of residents own their homes outright in Port Hope, 9.70% rent.
Housing affordability isn’t just about home prices, though. The average household income in Port Hope is $4,080 per month. Households that rent pay about 15.55% of their income on rent here. Port Hope's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Redman, MI: equally priced homes
- Harbor Beach, MI: higher priced homes
- Rapson, MI: higher priced homes
- Verona, MI: higher priced homes
- Kinde, MI: equally priced homes
- Pointe Aux Barques, MI: higher priced homes
- Ruth, MI: higher priced homes
- Port Austin, MI: equally priced homes
- Filion, MI: equally priced homes
- Bad Axe, MI: less expensive homes
Cities with Similar Populations
- Aldrich, MO: higher priced homes
- Zion, AL: higher priced homes
- Willow Lake, SD: equally priced homes
- Williamsburg, MO: less expensive homes
- Wilbur, OR: higher priced homes
- Wiggins, TX: higher priced homes
- White Lake, WI: higher priced homes
- Wharton, OH: higher priced homes
- Weston, LA: higher priced homes
- Westfield, OH: higher priced homes
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