
Home Price Key
These days, finding an affordable place to live in the Vanderbilt area can be challenging. Home prices in Vanderbilt are now at a median cost of $135,311, lower than the Michigan average of $196,062.
The average cost of rent is $791/mo in Vanderbilt, primarily driven by the current value of real estate in the Vanderbilt area. While nearly 37.11% of residents own their homes outright in Vanderbilt, 18.97% rent.
Housing affordability isn’t just about home prices, though. The average household income in Vanderbilt is $4,406 per month. Households that rent pay about 17.94% of their income on rent here. Vanderbilt's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Wolverine, MI: equally priced homes
- Sparr, MI: higher priced homes
- Gaylord, MI: higher priced homes
- Oak Grove, MI: higher priced homes
- Boyne Falls, MI: higher priced homes
- Elmira, MI: higher priced homes
- Eyedylwild Beach, MI: higher priced homes
- Wildwood, MI: higher priced homes
- Epsilon, MI: higher priced homes
- Walloon Lake, MI: higher priced homes
Cities with Similar Populations
- Vader, WA: higher priced homes
- Glen Lyon, PA: less expensive homes
- Gordon, PA: less expensive homes
- Guthrie, KY: equally priced homes
- Lecompte, LA: higher priced homes
- Lecompton, KS: higher priced homes
- McDavid, FL: higher priced homes
- Tangent, OR: higher priced homes
- Townsend, FL: less expensive homes
- Trimble, MO: higher priced homes
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