Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Schoolcraft area can be challenging. Home prices in Schoolcraft are now at a median cost of $231,417, higher than the Michigan average of $196,062.
The average cost of rent is $781/mo in Schoolcraft, primarily driven by the current value of real estate in the Schoolcraft area. While nearly 31.56% of residents own their homes outright in Schoolcraft, 12.37% rent.
Housing affordability isn’t just about home prices, though. The average household income in Schoolcraft is $8,047 per month. Households that rent pay about 9.71% of their income on rent here. Schoolcraft's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Flowerfield, MI: equally priced homes
- Portage, MI: less expensive homes
- Vicksburg, MI: less expensive homes
- Moore Park, MI: less expensive homes
- Howardsville, MI: less expensive homes
- Parkville, MI: less expensive homes
- Marcellus, MI: less expensive homes
- Lawton, MI: less expensive homes
- Mattawan, MI: equally priced homes
- Scotts, MI: less expensive homes
Cities with Similar Populations
- Hyde Park, UT: higher priced homes
- Iron River, MI: less expensive homes
- Iowa Falls, IA: less expensive homes
- Indian Wells, CA: higher priced homes
- Indian Springs Village, AL: higher priced homes
- Indian River Shores, FL: higher priced homes
- Indian Mountain Lake, PA: less expensive homes
- Indian Hills, NV: higher priced homes
- Indian Hill, OH: higher priced homes
- Imperial, PA: equally priced homes
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