
Home Price Key
These days, finding an affordable place to live in the Sherman City area can be challenging. Home prices in Sherman City are now at a median cost of $99,098, lower than the Michigan average of $196,062.
The average cost of rent is $749/mo in Sherman City, primarily driven by the current value of real estate in the Sherman City area. While nearly 54.35% of residents own their homes outright in Sherman City, 13.65% rent.
Housing affordability isn’t just about home prices, though. The average household income in Sherman City is $4,245 per month. Households that rent pay about 17.65% of their income on rent here. Sherman City's most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Barryton, MI: equally priced homes
- Weidman, MI: higher priced homes
- Lake Isabella, MI: higher priced homes
- Village of Lake Isabella, MI: higher priced homes
- Lake, MI: equally priced homes
- Moddersville, MI: equally priced homes
- Remus, MI: higher priced homes
- Chippewa Lake, MI: higher priced homes
- Two Rivers, MI: higher priced homes
- Sears, MI: higher priced homes
Cities with Similar Populations
- Bristol, SD: less expensive homes
- Wedron, IL: higher priced homes
- Webbville, KY: less expensive homes
- Wayside, MS: less expensive homes
- Waverly, WA: higher priced homes
- Campbell, NE: less expensive homes
- Burning Springs, KY: less expensive homes
- Burlington, OH: higher priced homes
- Bruning, NE: less expensive homes
- Browning, KY: higher priced homes
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