Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Ruby area can be challenging. Home prices in Ruby are now at a median cost of $180,928, lower than the Michigan average of $196,062.
The average cost of rent is $965/mo in Ruby, primarily driven by the current value of real estate in the Ruby area. While nearly 38.92% of residents own their homes outright in Ruby, 7.30% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ruby is $5,108 per month. Households that rent pay about 18.90% of their income on rent here. Ruby's most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Avoca, MI: equally priced homes
- North Street, MI: equally priced homes
- Thornton, MI: equally priced homes
- Fargo, MI: higher priced homes
- Jeddo, MI: higher priced homes
- Goodells, MI: higher priced homes
- Smiths Creek, MI: less expensive homes
- Fort Gratiot, MI: equally priced homes
- Lakeport, MI: less expensive homes
- Emmett, MI: equally priced homes
Cities with Similar Populations
- Grand Chain, IL: less expensive homes
- Traver, CA: higher priced homes
- Torrey, UT: higher priced homes
- Topeka, IL: less expensive homes
- Hettick, IL: less expensive homes
- Haverhill, IA: less expensive homes
- Grubbs, AR: less expensive homes
- Greenwich, IL: less expensive homes
- Green Rock, IL: less expensive homes
- Trinity, MS: less expensive homes
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