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These days, finding an affordable place to live in the Temple area can be challenging. Home prices in Temple are now at a median cost of $140,566, lower than the Michigan average of $250,415.
The average cost of rent is $732/mo in Temple, primarily driven by the current value of real estate in the Temple area. In Temple, 7.78% of households rent, and 55.79% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Temple is $3,931 per month. Households that rent pay about 18.62% of their income on rent here. Temple’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lake George, MI: equally priced homes
- Marion, MI: equally priced homes
- Vogel Center, MI: equally priced homes
- Harrison, MI: less expensive homes
- Pisgah Heights, MI: higher priced homes
- Moddersville, MI: higher priced homes
- Sears, MI: equally priced homes
- Lake, MI: equally priced homes
- Falmouth, MI: equally priced homes
- Evart, MI: equally priced homes
Cities with Similar Populations
- Whitethorne, VA: higher priced homes
- Burton, ID: higher priced homes
- Burton Lake, OH: higher priced homes
- Bushwood, MD: higher priced homes
- Cairo, OH: higher priced homes
- Calypso, NC: higher priced homes
- Canistota, SD: higher priced homes
- Cankton, LA: higher priced homes
- Carlisle, MI: higher priced homes
- Carlisle, SC: less expensive homes
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