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These days, finding an affordable place to live in the Sister Lakes area can be challenging. Home prices in Sister Lakes are now at a median cost of $208,926, higher than the Michigan average of $196,062.
The average cost of rent is $1,017/mo in Sister Lakes, primarily driven by the current value of real estate in the Sister Lakes area. While nearly 40.11% of residents own their homes outright in Sister Lakes, 11.40% rent.
Housing affordability isn’t just about home prices, though. The average household income in Sister Lakes is $4,760 per month. Households that rent pay about 21.37% of their income on rent here. Sister Lakes's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Naomi, MI: less expensive homes
- Keeler, MI: less expensive homes
- Indian Lake, MI: equally priced homes
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- Spinks Corners, MI: less expensive homes
- Dowagiac, MI: less expensive homes
- Shanghai Corners, MI: less expensive homes
- Glenwood, MI: less expensive homes
- Watervliet, MI: less expensive homes
Cities with Similar Populations
- Philadelphus, NC: less expensive homes
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- Oceola, OH: less expensive homes
- Ojo Caliente, NM: less expensive homes
- Onia, AR: less expensive homes
- Peter, UT: higher priced homes
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