Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Spruce area can be challenging. Home prices in Spruce are now at a median cost of $150,337, lower than the Michigan average of $196,062.
The average cost of rent is $831/mo in Spruce, primarily driven by the current value of real estate in the Spruce area. While nearly 55.59% of residents own their homes outright in Spruce, 5.46% rent.
Housing affordability isn’t just about home prices, though. The average household income in Spruce is $4,474 per month. Households that rent pay about 18.57% of their income on rent here. Spruce's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Hubbard Lake, MI: equally priced homes
- Ossineke, MI: less expensive homes
- Black River, MI: equally priced homes
- Lincoln, MI: less expensive homes
- Barton City, MI: less expensive homes
- Harrisville, MI: less expensive homes
- Herron, MI: less expensive homes
- Killmaster, MI: less expensive homes
- Curran, MI: less expensive homes
- Spratt, MI: less expensive homes
Cities with Similar Populations
- Isleta, NM: less expensive homes
- Pittsford, MI: less expensive homes
- Penn Laird, VA: higher priced homes
- Lodge Grass, MT: equally priced homes
- Loda, IL: higher priced homes
- Le Roy, MN: less expensive homes
- Latexo, TX: higher priced homes
- Lake Park, IA: equally priced homes
- La Harpe, IL: less expensive homes
- Kunia, HI: higher priced homes
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