Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Schmidt Corner area can be challenging. Home prices in Schmidt Corner are now at a median cost of $208,256, higher than the Michigan average of $196,062.
The average cost of rent is $831/mo in Schmidt Corner, primarily driven by the current value of real estate in the Schmidt Corner area. While nearly 47.37% of residents own their homes outright in Schmidt Corner, 8.80% rent.
Housing affordability isn’t just about home prices, though. The average household income in Schmidt Corner is $5,789 per month. Households that rent pay about 14.36% of their income on rent here. Schmidt Corner's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Atlantic Mine, MI: equally priced homes
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- South Range, MI: less expensive homes
- Dodgeville, MI: equally priced homes
- Houghton, MI: equally priced homes
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- Painesdale, MI: less expensive homes
- Dollar Bay, MI: equally priced homes
- Chassell, MI: less expensive homes
Cities with Similar Populations
- Crimcrest, TX: less expensive homes
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- Emigrant, MT: higher priced homes
- Edgewood, IL: less expensive homes
- Deport, TX: less expensive homes
- Daviston, AL: less expensive homes
- Danevang, TX: equally priced homes
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