Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Tapiola area can be challenging. Home prices in Tapiola are now at a median cost of $150,231, lower than the Michigan average of $196,062.
The average cost of rent is $759/mo in Tapiola, primarily driven by the current value of real estate in the Tapiola area. While nearly 48.90% of residents own their homes outright in Tapiola, 13.20% rent.
Housing affordability isn’t just about home prices, though. The average household income in Tapiola is $5,531 per month. Households that rent pay about 13.72% of their income on rent here. Tapiola's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
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- Pelkie, MI: equally priced homes
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- Twin Lakes, MI: equally priced homes
Cities with Similar Populations
- Elmdale, IN: less expensive homes
- The Borough, NC: less expensive homes
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- Taylorsville, CA: higher priced homes
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- Fallriver, TN: equally priced homes
- Evergreen Hills, WV: less expensive homes
- Elvira, IA: higher priced homes
- Elmo, TX: equally priced homes
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