The Most Affordable Neighborhoods in Shady Park Neighbourhood, Muskegon, MI by Home Value

 

Shady Park Neighbourhood, Muskegon, MI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Shady Park Neighbourhood area can be challenging. Home prices in Shady Park Neighbourhood are now at a median cost of $165,092, higher than the Muskegon average of $163,165.

The average cost of rent is $876/mo in Shady Park Neighbourhood, primarily driven by the current value of real estate in the Shady Park Neighbourhood area. In Shady Park Neighbourhood, 31.75% of households rent, and 28.59% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Shady Park Neighbourhood is $3,146 per month. Households that rent pay about 27.84% of their income on rent here. Shady Park Neighbourhood’s most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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