The Most Affordable Neighborhoods in Selkirk, MI by Home Value

 

Selkirk, MI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Selkirk area can be challenging. Home prices in Selkirk are now at a median cost of $116,304, lower than the Michigan average of $196,062.

The average cost of rent is $436/mo in Selkirk, primarily driven by the current value of real estate in the Selkirk area. While nearly 51.57% of residents own their homes outright in Selkirk, 13.51% rent.

Housing affordability isn’t just about home prices, though. The average household income in Selkirk is $3,872 per month. Households that rent pay about 11.25% of their income on rent here. Selkirk's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.


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