Expensive
Affordable
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the Watertown area can be challenging. Home prices in Watertown are now at a median cost of $166,543, lower than the Michigan average of $250,415.
The average cost of rent is $867/mo in Watertown, primarily driven by the current value of real estate in the Watertown area. In Watertown, 13.59% of households rent, and 53.10% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Watertown is $5,623 per month. Households that rent pay about 15.42% of their income on rent here. Watertown’s most expensive areas are in the western regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Peck, MI: less expensive homes
- Sandusky, MI: less expensive homes
- Elmer, MI: equally priced homes
- Applegate, MI: equally priced homes
- Melvin, MI: higher priced homes
- McGregor, MI: less expensive homes
- Carsonville, MI: less expensive homes
- Croswell, MI: equally priced homes
- Valley Center, MI: higher priced homes
- Brown City, MI: higher priced homes
Cities with Similar Populations
- Mayfield, UT: higher priced homes
- Scotland, FL: higher priced homes
- Schultz, MI: higher priced homes
- Schulter, OK: less expensive homes
- Saylors Crossroads, SC: higher priced homes
- Meeteetse, WY: higher priced homes
- McVay, AL: equally priced homes
- McNabb, IL: higher priced homes
- McMahan, TX: higher priced homes
- Adams, OR: higher priced homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood