Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Rathbone area can be challenging. Home prices in Rathbone are now at a median cost of $107,642, lower than the Michigan average of $196,062.
The average cost of rent is $711/mo in Rathbone, primarily driven by the current value of real estate in the Rathbone area. While nearly 58.41% of residents own their homes outright in Rathbone, 4.88% rent.
Housing affordability isn’t just about home prices, though. The average household income in Rathbone is $5,214 per month. Households that rent pay about 13.64% of their income on rent here. Rathbone's most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Sickles, MI: equally priced homes
- North Star, MI: higher priced homes
- Merrill, MI: higher priced homes
- Marion Springs, MI: equally priced homes
- Breckenridge, MI: equally priced homes
- Wheeler, MI: equally priced homes
- Nelson, MI: higher priced homes
- Ithaca, MI: equally priced homes
- Brant, MI: higher priced homes
- Ryan, MI: equally priced homes
Cities with Similar Populations
- Zurich, KS: less expensive homes
- Arion, IA: higher priced homes
- Antimony, UT: higher priced homes
- Antelope, TX: higher priced homes
- Amalia, NM: higher priced homes
- Alligator, MS: less expensive homes
- Zenda, KS: less expensive homes
- Pinon, CO: higher priced homes
- Pleasant Valley, KY: equally priced homes
- Pleasant Point, ME: higher priced homes
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