Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Saranac area can be challenging. Home prices in Saranac are now at a median cost of $178,984, lower than the Michigan average of $196,062.
The average cost of rent is $660/mo in Saranac, primarily driven by the current value of real estate in the Saranac area. While nearly 32.70% of residents own their homes outright in Saranac, 14.65% rent.
Housing affordability isn’t just about home prices, though. The average household income in Saranac is $6,095 per month. Households that rent pay about 10.82% of their income on rent here. Saranac's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Elmdale, MI: higher priced homes
- Clarksville, MI: higher priced homes
- Smyrna, MI: less expensive homes
- Tremaine Corners, MI: less expensive homes
- Lowell, MI: higher priced homes
- Ionia, MI: less expensive homes
- Lake Odessa, MI: less expensive homes
- West Sebewa, MI: less expensive homes
- Cooks Corners, MI: higher priced homes
- Bowne Center, MI: higher priced homes
Cities with Similar Populations
- Kemah, TX: higher priced homes
- La Blanca, TX: less expensive homes
- Kouts, IN: higher priced homes
- Kimberly, AL: higher priced homes
- Kettle Falls, WA: higher priced homes
- Keswick, VA: higher priced homes
- Kentfield, CA: higher priced homes
- Kent City, MI: equally priced homes
- Kenova, WV: less expensive homes
- Kenneth City, FL: equally priced homes
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