Expensive
Affordable
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the Shepherd area can be challenging. Home prices in Shepherd are now at a median cost of $159,898, lower than the Michigan average of $250,415.
The average cost of rent is $847/mo in Shepherd, primarily driven by the current value of real estate in the Shepherd area. In Shepherd, 32.22% of households rent, and 36.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Shepherd is $4,791 per month. Households that rent pay about 17.67% of their income on rent here. Shepherd’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Mount Pleasant, MI: higher priced homes
- Leaton, MI: less expensive homes
- Elwell, MI: equally priced homes
- St. Louis, MI: less expensive homes
- Winn, MI: higher priced homes
- Strickland, MI: less expensive homes
- Delwin, MI: equally priced homes
- Alma, MI: less expensive homes
- St. Elmo, MI: equally priced homes
- Rosebush, MI: equally priced homes
Cities with Similar Populations
- South Cleveland, TN: higher priced homes
- Glasgow, DE: higher priced homes
- Glastonbury Center, CT: higher priced homes
- Glen Ridge, NJ: higher priced homes
- Glen St. Mary, FL: higher priced homes
- Glenarden, MD: higher priced homes
- Somerset, WI: higher priced homes
- Glencoe, MN: higher priced homes
- Somerville, AL: higher priced homes
- Gilberts, IL: higher priced homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood