
Home Price Key
These days, finding an affordable place to live in the Stonington area can be challenging. Home prices in Stonington are now at a median cost of $159,490, lower than the Michigan average of $196,062.
The average cost of rent is $456/mo in Stonington, primarily driven by the current value of real estate in the Stonington area. While nearly 48.22% of residents own their homes outright in Stonington, 12.67% rent.
Housing affordability isn’t just about home prices, though. The average household income in Stonington is $5,323 per month. Households that rent pay about 8.56% of their income on rent here. Stonington's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Maywood, MI: equally priced homes
- Escanaba, MI: less expensive homes
- Wells, MI: less expensive homes
- Gladstone, MI: less expensive homes
- Groos, MI: equally priced homes
- Ford River, MI: less expensive homes
- Kipling, MI: less expensive homes
- Garth, MI: equally priced homes
- Rapid River, MI: less expensive homes
- St. Jacques, MI: less expensive homes
Cities with Similar Populations
- Sherack, MN: higher priced homes
- Joppa, KY: less expensive homes
- Jugtown, MD: higher priced homes
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- Kabob, NY: less expensive homes
- Kaibab, AZ: less expensive homes
- Kalgary, TX: less expensive homes
- Lanyon, IA: less expensive homes
- Sevier, UT: higher priced homes
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