Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Shafer Location area can be challenging. Home prices in Shafer Location are now at a median cost of $103,420, lower than the Michigan average of $196,062.
The average cost of rent is $940/mo in Shafer Location, primarily driven by the current value of real estate in the Shafer Location area. While nearly 61.32% of residents own their homes outright in Shafer Location, 10.37% rent.
Housing affordability isn’t just about home prices, though. The average household income in Shafer Location is $3,744 per month. Households that rent pay about 25.12% of their income on rent here. Shafer Location's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Tobin Location, MI: equally priced homes
- Crystal Falls, MI: higher priced homes
- Alpha, MI: less expensive homes
- Fortune Lake, MI: higher priced homes
- Pentoga, MI: higher priced homes
- Sagola, MI: higher priced homes
- Randville, MI: higher priced homes
- Channing, MI: higher priced homes
- Florence, WI: higher priced homes
- Amasa, MI: higher priced homes
Cities with Similar Populations
- Cullendale, AR: less expensive homes
- Cuttyhunk, MA: higher priced homes
- Cusco Willa, VA: higher priced homes
- Curtin, WV: equally priced homes
- Currentsville, KY: higher priced homes
- Curdton, MO: higher priced homes
- Cumberland, WA: higher priced homes
- Culp, AR: higher priced homes
- Cullison, KS: less expensive homes
- Cuyama, CA: higher priced homes
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