Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Rockwood area can be challenging. Home prices in Rockwood are now at a median cost of $193,725, lower than the Michigan average of $196,062.
The average cost of rent is $989/mo in Rockwood, primarily driven by the current value of real estate in the Rockwood area. While nearly 41.51% of residents own their homes outright in Rockwood, 14.16% rent.
Housing affordability isn’t just about home prices, though. The average household income in Rockwood is $7,064 per month. Households that rent pay about 14.00% of their income on rent here. Rockwood's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Gibraltar, MI: higher priced homes
- South Rockwood, MI: less expensive homes
- Trenton, MI: equally priced homes
- Flat Rock, MI: higher priced homes
- Woodhaven, MI: equally priced homes
- Grosse Ile, MI: higher priced homes
- Estral Beach, MI: less expensive homes
- Riverview, MI: less expensive homes
- Oldport, MI: higher priced homes
- Newport, MI: less expensive homes
Cities with Similar Populations
- Pecos, TX: less expensive homes
- Middleboro, MA: higher priced homes
- Middlebury, IN: higher priced homes
- Middlesboro, KY: less expensive homes
- Middletown, MD: higher priced homes
- Middleville, MI: higher priced homes
- Mogadore, OH: less expensive homes
- Montgomery, OH: higher priced homes
- Munhall, PA: less expensive homes
- Natrona Heights, PA: less expensive homes
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