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These days, finding an affordable place to live in the Russellville area can be challenging. Home prices in Russellville are now at a median cost of $206,113, lower than the Michigan average of $250,415.
The average cost of rent is $1,276/mo in Russellville, primarily driven by the current value of real estate in the Russellville area. In Russellville, 8.75% of households rent, and 43.24% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Russellville is $6,812 per month. Households that rent pay about 18.73% of their income on rent here. Russellville’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Richfield Center, MI: higher priced homes
- Genesee, MI: less expensive homes
- Davison, MI: equally priced homes
- Otisville, MI: less expensive homes
- Mount Morris, MI: less expensive homes
- Beecher, MI: less expensive homes
- Burton, MI: less expensive homes
- Thetford Center, MI: equally priced homes
- Flint, MI: less expensive homes
- Columbiaville, MI: equally priced homes
Cities with Similar Populations
- Gowrie, IA: less expensive homes
- Warman, MN: higher priced homes
- Walker Springs, AL: less expensive homes
- Wakefield, KS: less expensive homes
- Wabasso, MN: less expensive homes
- Volney, MI: less expensive homes
- Great Bend, NY: less expensive homes
- Grayland, WA: equally priced homes
- Grandview, IN: less expensive homes
- Warner Springs, CA: higher priced homes
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