Home Price Key
Affordable
Average
Expensive
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 $110,741, lower than the Michigan average of $196,062.
The average cost of rent is $689/mo in Vassar, primarily driven by the current value of real estate in the Vassar area. While nearly 45.25% of residents own their homes outright in Vassar, 17.23% rent.
Housing affordability isn’t just about home prices, though. The average household income in Vassar is $4,152 per month. Households that rent pay about 16.59% of their income on rent here. Vassar's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
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- Wahjamega, MI: equally priced homes
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- Gilford, MI: equally priced homes
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Cities with Similar Populations
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- Sheridan, CO: higher priced homes
- Sidney, NE: higher priced homes
- Simsbury, CT: higher priced homes
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