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These days, finding an affordable place to live in the Vassar area can be challenging. Home prices in Vassar are now at a median cost of $154,412, lower than the Michigan average of $250,415.
The average cost of rent is $801/mo in Vassar, primarily driven by the current value of real estate in the Vassar area. In Vassar, 14.15% of households rent, and 43.81% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Vassar is $5,301 per month. Households that rent pay about 15.11% of their income on rent here. Vassar’s most expensive areas are in the southwestern 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
- Tuscola, MI: higher priced homes
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- Millington, MI: equally priced homes
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- Wahjamega, MI: less expensive homes
- Gera, MI: higher priced homes
- Frankenmuth, MI: higher priced homes
- Gilford, MI: equally priced homes
- Mayville, MI: equally priced homes
Cities with Similar Populations
- Sloughhouse, CA: higher priced homes
- Frankenmuth, MI: higher priced homes
- Frankford, DE: higher priced homes
- Frankfort, NY: equally priced homes
- Franklin Center, NJ: higher priced homes
- Freeburg, IL: higher priced homes
- Hadley, MA: higher priced homes
- Sheridan, CO: higher priced homes
- Sidney, NE: equally priced homes
- Simsbury, CT: higher priced homes
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