Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Whitmore Lake area can be challenging. Home prices in Whitmore Lake are now at a median cost of $278,454, higher than the Michigan average of $196,062.
The average cost of rent is $1,161/mo in Whitmore Lake, primarily driven by the current value of real estate in the Whitmore Lake area. While nearly 30.87% of residents own their homes outright in Whitmore Lake, 22.29% rent.
Housing affordability isn’t just about home prices, though. The average household income in Whitmore Lake is $7,116 per month. Households that rent pay about 16.32% of their income on rent here. Whitmore Lake's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Hamburg, MI: higher priced homes
- Lakeland, MI: higher priced homes
- Pettysville, MI: higher priced homes
- Barton Hills, MI: higher priced homes
- South Lyon, MI: higher priced homes
- Pinckney, MI: equally priced homes
- Hudson Mills, MI: higher priced homes
- Brighton, MI: higher priced homes
- Dexter, MI: higher priced homes
- Salem, MI: higher priced homes
Cities with Similar Populations
- Pontotoc, MS: less expensive homes
- New Albany, MS: less expensive homes
- New Fairfield, CT: higher priced homes
- Pinson, AL: less expensive homes
- Platteville, WI: less expensive homes
- Pleasanton, TX: less expensive homes
- Plover, WI: less expensive homes
- Plymouth, WI: less expensive homes
- Polk City, FL: less expensive homes
- Nanticoke, PA: less expensive homes
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