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Affordable
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These days, finding an affordable place to live in the Rives Junction area can be challenging. Home prices in Rives Junction are now at a median cost of $234,134, lower than the Michigan average of $250,415.
The average cost of rent is $1,146/mo in Rives Junction, primarily driven by the current value of real estate in the Rives Junction area. In Rives Junction, 4.33% of households rent, and 34.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rives Junction is $8,844 per month. Households that rent pay about 12.96% of their income on rent here. Rives Junction’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Tompkins, MI: equally priced homes
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- Jackson, MI: less expensive homes
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- Parma, MI: equally priced homes
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- Springport, MI: less expensive homes
Cities with Similar Populations
- Arp, TX: less expensive homes
- Prospect, OH: less expensive homes
- Tipton, MI: higher priced homes
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- Gardiner, NY: higher priced homes
- Fair Oaks, OK: equally priced homes
- Ellendale, DE: higher priced homes
- Ecru, MS: less expensive homes
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