Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Slocum area can be challenging. Home prices in Slocum are now at a median cost of $186,247, lower than the Michigan average of $196,062.
The average cost of rent is $789/mo in Slocum, primarily driven by the current value of real estate in the Slocum area. While nearly 36.81% of residents own their homes outright in Slocum, 15.30% rent.
Housing affordability isn’t just about home prices, though. The average household income in Slocum is $6,124 per month. Households that rent pay about 12.89% of their income on rent here. Slocum's most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Ravenna, MI: equally priced homes
- Casnovia, MI: equally priced homes
- Moorland, MI: less expensive homes
- Conklin, MI: higher priced homes
- Bailey, MI: less expensive homes
- Sullivan, MI: equally priced homes
- Wright, MI: higher priced homes
- Kent City, MI: equally priced homes
- Bridgeton, MI: less expensive homes
- Grant, MI: less expensive homes
Cities with Similar Populations
- Omar, WV: less expensive homes
- Pine Grove, TX: less expensive homes
- Peterman, AL: less expensive homes
- Pepperton, GA: less expensive homes
- Paw Paw Lake, MI: less expensive homes
- Patterson Springs, NC: less expensive homes
- Parma Center, NY: less expensive homes
- Pacolet Mills, SC: less expensive homes
- Orient, IA: less expensive homes
- Orchard, NE: less expensive homes
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