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These days, finding an affordable place to live in the Three Rivers area can be challenging. Home prices in Three Rivers are now at a median cost of $187,455, lower than the Michigan average of $250,415.
The average cost of rent is $807/mo in Three Rivers, primarily driven by the current value of real estate in the Three Rivers area. In Three Rivers, 28.80% of households rent, and 42.62% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Three Rivers is $5,561 per month. Households that rent pay about 14.52% of their income on rent here. Three Rivers’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Moore Park, MI: higher priced homes
- Howardsville, MI: higher priced homes
- Centreville, MI: equally priced homes
- Constantine, MI: less expensive homes
- Parkville, MI: equally priced homes
- Flowerfield, MI: higher priced homes
- Wasepi, MI: less expensive homes
- Marcellus, MI: higher priced homes
- Jones, MI: higher priced homes
- Mendon, MI: equally priced homes
Cities with Similar Populations
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- Laconia, NH: higher priced homes
- Labelle, FL: higher priced homes
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- Kingston, TN: higher priced homes
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- King, NC: higher priced homes
- King City, CA: higher priced homes
- Kaufman, TX: higher priced homes
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