Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the South Rockwood area can be challenging. Home prices in South Rockwood are now at a median cost of $175,794, lower than the Michigan average of $196,062.
The average cost of rent is $1,145/mo in South Rockwood, primarily driven by the current value of real estate in the South Rockwood area. While nearly 44.89% of residents own their homes outright in South Rockwood, 21.99% rent.
Housing affordability isn’t just about home prices, though. The average household income in South Rockwood is $6,571 per month. Households that rent pay about 17.43% of their income on rent here. South Rockwood's most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Rockwood, MI: higher priced homes
- Flat Rock, MI: higher priced homes
- Gibraltar, MI: higher priced homes
- Newport, MI: equally priced homes
- Oldport, MI: higher priced homes
- Estral Beach, MI: less expensive homes
- Waltz, MI: higher priced homes
- Woodhaven, MI: equally priced homes
- Trenton, MI: equally priced homes
- Carleton, MI: higher priced homes
Cities with Similar Populations
- Brown City, MI: less expensive homes
- West Juneau, AK: higher priced homes
- Waverly, AL: higher priced homes
- Virden, IL: less expensive homes
- St. Johnsville, NY: less expensive homes
- Sneedville, TN: less expensive homes
- Reno, TX: equally priced homes
- Red Rock, TX: higher priced homes
- Orwell, OH: less expensive homes
- Noel, MO: less expensive homes
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