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 $93,956, lower than the Muskegon average of $120,466.

The average cost of rent is $728/mo in Shady Park Neighbourhood, primarily driven by the current value of real estate in the Shady Park Neighbourhood area. While nearly 30.80% of residents own their homes outright in Shady Park Neighbourhood, 40.86% rent.

Housing affordability isn’t just about home prices, though. The average household income in Shady Park Neighbourhood is $4,043 per month. Households that rent pay about 18.00% of their income on rent here. Shady Park Neighbourhood's most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the neighborhood.


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