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These days, finding an affordable place to live in the Presque Isle area can be challenging. Home prices in Presque Isle are now at a median cost of $255,927, higher than the Michigan average of $250,415.
The average cost of rent is $932/mo in Presque Isle, primarily driven by the current value of real estate in the Presque Isle area. In Presque Isle, 5.17% of households rent, and 47.86% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Presque Isle is $6,921 per month. Households that rent pay about 13.46% of their income on rent here. Presque Isle’s most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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- French Village, MO: less expensive homes
- Freeburg, MO: equally priced homes
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