
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the Ravenna area can be challenging. Home prices in Ravenna are now at a median cost of $224,271, lower than the Michigan average of $250,415.
The average cost of rent is $912/mo in Ravenna, primarily driven by the current value of real estate in the Ravenna area. In Ravenna, 9.48% of households rent, and 36.92% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ravenna is $6,342 per month. Households that rent pay about 14.39% of their income on rent here. Ravenna’s most expensive areas are in the southwestern 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
- Slocum, MI: higher priced homes
- Moorland, MI: less expensive homes
- Sullivan, MI: higher priced homes
- Casnovia, MI: equally priced homes
- Conklin, MI: higher priced homes
- Bailey, MI: equally priced homes
- Wolf Lake, MI: less expensive homes
- Coopersville, MI: higher priced homes
- Bridgeton, MI: less expensive homes
- Fruitport, MI: higher priced homes
Cities with Similar Populations
- Gang Mills, NY: higher priced homes
- Prescott, AR: less expensive homes
- Mount Pleasant, UT: higher priced homes
- Mayodan, NC: less expensive homes
- Hot Springs, SD: equally priced homes
- Hope, RI: higher priced homes
- Adamstown, MD: higher priced homes
- Henryville, IN: higher priced homes
- Hampton, TN: less expensive homes
- Fremont, NH: higher priced homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood