Expensive
Affordable
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the Three Lakes area can be challenging. Home prices in Three Lakes are now at a median cost of $166,401, lower than the Michigan average of $250,415.
The average cost of rent is $605/mo in Three Lakes, primarily driven by the current value of real estate in the Three Lakes area. In Three Lakes, 6.23% of households rent, and 56.77% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Three Lakes is $4,713 per month. Households that rent pay about 12.83% of their income on rent here. Three Lakes’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Michigamme, MI: higher priced homes
- Herman, MI: higher priced homes
- Champion, MI: higher priced homes
- Republic, MI: less expensive homes
- Covington, MI: less expensive homes
- Diorite, MI: equally priced homes
- L'Anse, MI: less expensive homes
- Witch Lake, MI: less expensive homes
- Zeba, MI: equally priced homes
- Watton, MI: less expensive homes
Cities with Similar Populations
- East Stanwood, WA: higher priced homes
- Eliasville, TX: higher priced homes
- Eldorado Center, TX: higher priced homes
- Elderville, IL: less expensive homes
- El Ancon, NM: higher priced homes
- Ekwok, AK: less expensive homes
- Egnar, CO: higher priced homes
- Egeland, ND: less expensive homes
- Edwards Hill, NY: equally priced homes
- Edgewood, MN: higher priced homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood