
Home Price Key
These days, finding an affordable place to live in the Sugar Rapids area can be challenging. Home prices in Sugar Rapids are now at a median cost of $152,178, lower than the Michigan average of $196,062.
The average cost of rent is $828/mo in Sugar Rapids, primarily driven by the current value of real estate in the Sugar Rapids area. While nearly 42.58% of residents own their homes outright in Sugar Rapids, 5.29% rent.
Housing affordability isn’t just about home prices, though. The average household income in Sugar Rapids is $4,601 per month. Households that rent pay about 18.00% of their income on rent here. Sugar Rapids's most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
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Cities with Similar Populations
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- Melbourne, IA: equally priced homes
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- Rye, TX: higher priced homes
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