Home Price Key
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Average
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These days, finding an affordable place to live in the Temperance area can be challenging. Home prices in Temperance are now at a median cost of $184,093, lower than the Michigan average of $196,062.
The average cost of rent is $861/mo in Temperance, primarily driven by the current value of real estate in the Temperance area. While nearly 36.75% of residents own their homes outright in Temperance, 15.60% rent.
Housing affordability isn’t just about home prices, though. The average household income in Temperance is $5,889 per month. Households that rent pay about 14.62% of their income on rent here. Temperance's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Lambertville, MI: higher priced homes
- Erie, MI: less expensive homes
- Samaria, MI: higher priced homes
- Whiteford Center, MI: higher priced homes
- Ottawa Lake, MI: higher priced homes
- Toledo, OH: less expensive homes
- Ottawa Hills, OH: higher priced homes
- Luna Pier, MI: less expensive homes
- Lulu, MI: higher priced homes
- Ida, MI: higher priced homes
Cities with Similar Populations
- Rensselaer, NY: higher priced homes
- Milford, MI: higher priced homes
- Mill Creek, WA: higher priced homes
- Mountain Home, ID: higher priced homes
- Mountlake Terrace, WA: higher priced homes
- Murphy, TX: higher priced homes
- Owens Cross Roads, AL: higher priced homes
- Oxon Hill, MD: higher priced homes
- Palisades Park, NJ: higher priced homes
- Palmer, AK: higher priced homes
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