
Home Price Key
These days, finding an affordable place to live in the Ridgeway area can be challenging. Home prices in Ridgeway are now at a median cost of $211,434, higher than the Michigan average of $196,062.
The average cost of rent is $776/mo in Ridgeway, primarily driven by the current value of real estate in the Ridgeway area. While nearly 22.82% of residents own their homes outright in Ridgeway, 8.29% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ridgeway is $7,717 per month. Households that rent pay about 10.06% of their income on rent here. Ridgeway's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
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Cities with Similar Populations
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- Rolling Hills, IN: higher priced homes
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