Expensive
Affordable
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These days, finding an affordable place to live in the Ramsay area can be challenging. Home prices in Ramsay are now at a median cost of $79,185, lower than the Michigan average of $250,415.
The average cost of rent is $539/mo in Ramsay, primarily driven by the current value of real estate in the Ramsay area. In Ramsay, 24.61% of households rent, and 62.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ramsay is $4,480 per month. Households that rent pay about 12.04% of their income on rent here. Ramsay’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bessemer, MI: higher priced homes
- Wakefield, MI: higher priced homes
- Thomaston, MI: higher priced homes
- Hillcrest, MI: higher priced homes
- Hautala Corner, MI: higher priced homes
- Ironwood, MI: higher priced homes
- Hurley, WI: higher priced homes
- Van Buskirk, WI: higher priced homes
- Gile, WI: higher priced homes
- Auvinen Corner, MI: higher priced homes
Cities with Similar Populations
- Pisgah Heights, MI: higher priced homes
- Parnell, KY: higher priced homes
- Patronville, IN: higher priced homes
- Pauwela, HI: higher priced homes
- Pax, WV: less expensive homes
- Paynes Creek, CA: higher priced homes
- Pearl, KY: higher priced homes
- Pellettown, NJ: higher priced homes
- Pencil Bluff, AR: higher priced homes
- Perrysburg, IN: higher priced homes
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