Expensive
Affordable
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These days, finding an affordable place to live in the Shorewood-Tower Hills-Harbert area can be challenging. Home prices in Shorewood-Tower Hills-Harbert are now at a median cost of $334,300, higher than the Michigan average of $250,415.
The average cost of rent is $1,021/mo in Shorewood-Tower Hills-Harbert, primarily driven by the current value of real estate in the Shorewood-Tower Hills-Harbert area. In Shorewood-Tower Hills-Harbert, 6.05% of households rent, and 64.68% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Shorewood-Tower Hills-Harbert is $6,919 per month. Households that rent pay about 14.76% of their income on rent here. Shorewood-Tower Hills-Harbert’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Harbert, MI: equally priced homes
- Sawyer, MI: less expensive homes
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- Union Pier, MI: higher priced homes
- Glendora, MI: less expensive homes
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- Baroda, MI: less expensive homes
Cities with Similar Populations
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