
Home Price Key
These days, finding an affordable place to live in the Skidway Lake area can be challenging. Home prices in Skidway Lake are now at a median cost of $66,511, lower than the Michigan average of $196,062.
The average cost of rent is $768/mo in Skidway Lake, primarily driven by the current value of real estate in the Skidway Lake area. While nearly 53.97% of residents own their homes outright in Skidway Lake, 25.71% rent.
Housing affordability isn’t just about home prices, though. The average household income in Skidway Lake is $3,778 per month. Households that rent pay about 20.33% of their income on rent here. Skidway Lake's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
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Cities with Similar Populations
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