Expensive
Affordable
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the Torch River area can be challenging. Home prices in Torch River are now at a median cost of $411,878, higher than the Michigan average of $250,415.
The average cost of rent is $876/mo in Torch River, primarily driven by the current value of real estate in the Torch River area. In Torch River, 8.58% of households rent, and 44.09% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Torch River is $7,659 per month. Households that rent pay about 11.43% of their income on rent here. Torch River’s most expensive areas are in the central 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
- Rapid City, MI: less expensive homes
- Alden, MI: less expensive homes
- Clam River, MI: higher priced homes
- Elk Rapids, MI: equally priced homes
- Williamsburg, MI: less expensive homes
- Yuba, MI: higher priced homes
- Bates, MI: less expensive homes
- North Arms, MI: less expensive homes
- Kewadin, MI: higher priced homes
- Bellaire, MI: less expensive homes
Cities with Similar Populations
- Caroline, WI: less expensive homes
- Coalmont, IN: less expensive homes
- Clearview City, KS: less expensive homes
- Chloe, WV: less expensive homes
- Chataignier, LA: less expensive homes
- Chambers, NE: less expensive homes
- Center Hill, AR: less expensive homes
- Cedarville, CA: less expensive homes
- Cash Corner, ME: higher priced homes
- Cary, ME: less expensive 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