Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Waverly area can be challenging. Home prices in Waverly are now at a median cost of $187,312, lower than the Michigan average of $196,062.
The average cost of rent is $926/mo in Waverly, primarily driven by the current value of real estate in the Waverly area. While nearly 43.56% of residents own their homes outright in Waverly, 56.51% rent.
Housing affordability isn’t just about home prices, though. The average household income in Waverly is $5,327 per month. Households that rent pay about 17.39% of their income on rent here. Waverly's most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Lansing, MI: less expensive homes
- Grand Ledge, MI: equally priced homes
- Wacousta, MI: higher priced homes
- Dimondale, MI: equally priced homes
- Dewitt, MI: higher priced homes
- East Lansing, MI: higher priced homes
- West Windsor, MI: equally priced homes
- Holt, MI: less expensive homes
- South Riley, MI: higher priced homes
- Eagle, MI: equally priced homes
Cities with Similar Populations
- Cranford, NJ: higher priced homes
- Taylorsville, NC: less expensive homes
- South Elgin, IL: higher priced homes
- Dickson, TN: equally priced homes
- Defiance, OH: less expensive homes
- Dedham, MA: higher priced homes
- DeBary, FL: higher priced homes
- Dayton, TX: less expensive homes
- Darlington, SC: less expensive homes
- Cudahy, CA: higher priced homes
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