Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Three Oaks area can be challenging. Home prices in Three Oaks are now at a median cost of $166,726, lower than the Michigan average of $196,062.
The average cost of rent is $842/mo in Three Oaks, primarily driven by the current value of real estate in the Three Oaks area. While nearly 41.28% of residents own their homes outright in Three Oaks, 19.18% rent.
Housing affordability isn’t just about home prices, though. The average household income in Three Oaks is $5,487 per month. Households that rent pay about 15.35% of their income on rent here. Three Oaks's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Lakeside, MI: higher priced homes
- Union Pier, MI: higher priced homes
- Harbert, MI: higher priced homes
- Shorewood-Tower Hills-Harbert, MI: higher priced homes
- New Troy, MI: equally priced homes
- Galien, MI: less expensive homes
- Sawyer, MI: higher priced homes
- Tee Lake, IN: higher priced homes
- New Buffalo, MI: higher priced homes
- Lake Park, IN: higher priced homes
Cities with Similar Populations
- Somerset, CA: higher priced homes
- Kimball, MN: higher priced homes
- Lakefield, MN: less expensive homes
- Luzerne, PA: less expensive homes
- Pineville, MO: less expensive homes
- Red Lake, MN: less expensive homes
- Reform, AL: less expensive homes
- Salineville, OH: less expensive homes
- Silver Creek, MS: less expensive homes
- Canby, MN: less expensive homes
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