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These days, finding an affordable place to live in the South Riley area can be challenging. Home prices in South Riley are now at a median cost of $293,857, higher than the Michigan average of $250,415.
The average cost of rent is $1,027/mo in South Riley, primarily driven by the current value of real estate in the South Riley area. In South Riley, 4.57% of households rent, and 44.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in South Riley is $9,219 per month. Households that rent pay about 11.14% of their income on rent here. South Riley’s most expensive areas are in the southeastern 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
- Eagle, MI: equally priced homes
- Dewitt, MI: higher priced homes
- Eureka, MI: equally priced homes
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- Westphalia, MI: equally priced homes
- Grand Ledge, MI: less expensive homes
- Waverly, MI: less expensive homes
- Fowler, MI: less expensive homes
- St. Johns, MI: less expensive homes
- Bath, MI: equally priced homes
Cities with Similar Populations
- Arcadia Lakes, SC: equally priced homes
- Ashkum, IL: less expensive homes
- Ashland, MT: less expensive homes
- Bellefonte, KY: equally priced homes
- Sandstone, MI: less expensive homes
- Oxford, KS: less expensive homes
- Paradise Hill, OH: less expensive homes
- Perrysburg, NY: less expensive homes
- Plainville, WI: less expensive homes
- Preachersville, KY: less expensive homes
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