Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Republic area can be challenging. Home prices in Republic are now at a median cost of $77,133, lower than the Michigan average of $196,062.
The average cost of rent is $648/mo in Republic, primarily driven by the current value of real estate in the Republic area. While nearly 65.90% of residents own their homes outright in Republic, 11.46% rent.
Housing affordability isn’t just about home prices, though. The average household income in Republic is $3,589 per month. Households that rent pay about 18.05% of their income on rent here. Republic's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Witch Lake, MI: higher priced homes
- Champion, MI: higher priced homes
- Diorite, MI: higher priced homes
- Michigamme, MI: higher priced homes
- North Lake, MI: higher priced homes
- Three Lakes, MI: higher priced homes
- Channing, MI: higher priced homes
- Ishpeming, MI: higher priced homes
- Sagola, MI: higher priced homes
- Palmer, MI: higher priced homes
Cities with Similar Populations
- Montandon, PA: higher priced homes
- Radcliffe, IA: higher priced homes
- Ponemah, MN: higher priced homes
- Mount Pleasant, NY: higher priced homes
- Mount Holly, VA: higher priced homes
- Mount Gallagher, SC: higher priced homes
- Morehouse, MO: less expensive homes
- Moody, ME: higher priced homes
- Montrose, WV: higher priced homes
- Raemon, NC: less expensive homes
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