Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Stephenson area can be challenging. Home prices in Stephenson are now at a median cost of $112,057, lower than the Michigan average of $196,062.
The average cost of rent is $674/mo in Stephenson, primarily driven by the current value of real estate in the Stephenson area. While nearly 53.86% of residents own their homes outright in Stephenson, 16.55% rent.
Housing affordability isn’t just about home prices, though. The average household income in Stephenson is $3,849 per month. Households that rent pay about 17.52% of their income on rent here. Stephenson's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Ingalls, MI: higher priced homes
- Daggett, MI: equally priced homes
- Longrie, MI: equally priced homes
- Talbot, MI: higher priced homes
- Banat, MI: equally priced homes
- McAllister, WI: higher priced homes
- Wallace, MI: higher priced homes
- Cedar River, MI: higher priced homes
- Gardner, MI: equally priced homes
- Nathan, MI: less expensive homes
Cities with Similar Populations
- Lawrenceville, PA: higher priced homes
- Stantonville, TN: higher priced homes
- Springfield, SC: less expensive homes
- South Floral Park, NY: higher priced homes
- Santa Clara, NM: less expensive homes
- New Lebanon, NY: higher priced homes
- Marcola, OR: higher priced homes
- Malta, IL: higher priced homes
- Mahomet, TX: higher priced homes
- Macedonia, TX: higher priced homes
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