Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Watersmeet area can be challenging. Home prices in Watersmeet are now at a median cost of $204,769, higher than the Michigan average of $196,062.
The average cost of rent is $492/mo in Watersmeet, primarily driven by the current value of real estate in the Watersmeet area. While nearly 56.37% of residents own their homes outright in Watersmeet, 20.62% rent.
Housing affordability isn’t just about home prices, though. The average household income in Watersmeet is $3,954 per month. Households that rent pay about 12.43% of their income on rent here. Watersmeet's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Land O' Lakes, WI: equally priced homes
- Paulding, MI: less expensive homes
- Gogebic, MI: higher priced homes
- Star Lake, WI: higher priced homes
- Conover, WI: equally priced homes
- Phelps, WI: equally priced homes
- Bruce Crossing, MI: less expensive homes
- Trout Creek, MI: less expensive homes
- Paynesville, MI: less expensive homes
- Beechwood, MI: less expensive homes
Cities with Similar Populations
- Larwill, IN: less expensive homes
- Old Forge, NY: higher priced homes
- Oconomowoc Lake, WI: higher priced homes
- Oakley, UT: higher priced homes
- North Utica, IL: equally priced homes
- Newburg, WV: less expensive homes
- Mount Vernon, ME: less expensive homes
- Milo, IA: less expensive homes
- Lonsdale, AR: less expensive homes
- Limestone, ME: less expensive homes
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