Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Tipton area can be challenging. Home prices in Tipton are now at a median cost of $224,463, higher than the Michigan average of $196,062.
The average cost of rent is $720/mo in Tipton, primarily driven by the current value of real estate in the Tipton area. While nearly 37.05% of residents own their homes outright in Tipton, 8.54% rent.
Housing affordability isn’t just about home prices, though. The average household income in Tipton is $7,528 per month. Households that rent pay about 9.57% of their income on rent here. Tipton's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Onsted, MI: equally priced homes
- Oak Shade Park, MI: equally priced homes
- Clinton, MI: less expensive homes
- Tecumseh, MI: less expensive homes
- Rome Center, MI: less expensive homes
- Sharon Hollow, MI: higher priced homes
- Cambridge Junction, MI: less expensive homes
- Holloway, MI: less expensive homes
- Adrian, MI: less expensive homes
- Manchester, MI: higher priced homes
Cities with Similar Populations
- Biscayne Park, FL: higher priced homes
- Brooks, GA: higher priced homes
- Ellendale, DE: less expensive homes
- Ellerbe, NC: less expensive homes
- Enigma, GA: less expensive homes
- Fair Oaks, OK: less expensive homes
- Fairport Harbor, OH: less expensive homes
- Fonda, NY: less expensive homes
- Sebewaing, MI: less expensive homes
- Towanda, KS: less expensive homes
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