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Affordable
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These days, finding an affordable place to live in the Ryan area can be challenging. Home prices in Ryan are now at a median cost of $154,621, lower than the Michigan average of $250,415.
The average cost of rent is $1,064/mo in Ryan, primarily driven by the current value of real estate in the Ryan area. In Ryan, 9.66% of households rent, and 45.32% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ryan is $5,881 per month. Households that rent pay about 18.10% of their income on rent here. Ryan’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Wheeler, MI: less expensive homes
- Iva, MI: higher priced homes
- Merrill, MI: higher priced homes
- Breckenridge, MI: less expensive homes
- Poseyville, MI: higher priced homes
- Hemlock, MI: higher priced homes
- Bullock Creek, MI: higher priced homes
- Orr, MI: higher priced homes
- Laporte, MI: higher priced homes
- St. Elmo, MI: equally priced homes
Cities with Similar Populations
- Thebes, IL: less expensive homes
- Florence, SD: higher priced homes
- Forest, WI: higher priced homes
- Forksville, PA: higher priced homes
- Sugar Run, PA: higher priced homes
- Summersville, OH: higher priced homes
- Switzer, WV: less expensive homes
- Teddy, KY: less expensive homes
- Tehuacana, TX: higher priced homes
- Faunsdale, AL: less expensive homes
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