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These days, finding an affordable place to live in the South Range area can be challenging. Home prices in South Range are now at a median cost of $126,952, lower than the Michigan average of $250,415.
The average cost of rent is $916/mo in South Range, primarily driven by the current value of real estate in the South Range area. In South Range, 17.53% of households rent, and 42.97% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in South Range is $5,490 per month. Households that rent pay about 16.69% of their income on rent here. South Range’s most expensive areas are in the northwestern 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
- Atlantic Mine, MI: higher priced homes
- Trimountain, MI: higher priced homes
- Dodgeville, MI: higher priced homes
- Painesdale, MI: higher priced homes
- Schmidt Corner, MI: higher priced homes
- Houghton, MI: higher priced homes
- Hancock, MI: higher priced homes
- Chassell, MI: higher priced homes
- Oskar, MI: higher priced homes
- Dollar Bay, MI: higher priced homes
Cities with Similar Populations
- Rocky Ridge, OH: higher priced homes
- Millerton, OK: higher priced homes
- Milton Junction, WI: higher priced homes
- Montra, OH: higher priced homes
- Neopit, WI: less expensive homes
- New Braintree, MA: higher priced homes
- Nicklesville, GA: higher priced homes
- Old Albertville, WI: higher priced homes
- Olney, GA: higher priced homes
- Overbrook, OK: higher priced homes
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