Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Ruth area can be challenging. Home prices in Ruth are now at a median cost of $161,473, lower than the Michigan average of $196,062.
The average cost of rent is $592/mo in Ruth, primarily driven by the current value of real estate in the Ruth area. While nearly 63.15% of residents own their homes outright in Ruth, 19.70% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ruth is $4,216 per month. Households that rent pay about 14.03% of their income on rent here. Ruth's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Harbor Beach, MI: less expensive homes
- Minden City, MI: less expensive homes
- Forestville, MI: equally priced homes
- Verona, MI: equally priced homes
- Tyre, MI: less expensive homes
- Palms, MI: less expensive homes
- Rapson, MI: less expensive homes
- Ubly, MI: less expensive homes
- Freidberger, MI: less expensive homes
- Redman, MI: less expensive homes
Cities with Similar Populations
- Heppner, OR: higher priced homes
- Smoaks, SC: less expensive homes
- Slater, IA: equally priced homes
- Alderson, WV: less expensive homes
- Lake Como, NJ: higher priced homes
- Kenwood, CA: higher priced homes
- Keno, OR: higher priced homes
- Hurleyville, NY: equally priced homes
- Hopewell, NC: less expensive homes
- South Floral Park, NY: higher priced homes
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