
Home Price Key
These days, finding an affordable place to live in the Traunik area can be challenging. Home prices in Traunik are now at a median cost of $158,100, lower than the Michigan average of $196,062.
The average cost of rent is $859/mo in Traunik, primarily driven by the current value of real estate in the Traunik area. While nearly 56.84% of residents own their homes outright in Traunik, 10.98% rent.
Housing affordability isn’t just about home prices, though. The average household income in Traunik is $4,531 per month. Households that rent pay about 18.96% of their income on rent here. Traunik's most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
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Cities with Similar Populations
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