Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Wolf Lake area can be challenging. Home prices in Wolf Lake are now at a median cost of $133,266, lower than the Michigan average of $196,062.
The average cost of rent is $789/mo in Wolf Lake, primarily driven by the current value of real estate in the Wolf Lake area. While nearly 39.46% of residents own their homes outright in Wolf Lake, 5.17% rent.
Housing affordability isn’t just about home prices, though. The average household income in Wolf Lake is $5,486 per month. Households that rent pay about 14.37% of their income on rent here. Wolf Lake's most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Twin Lake, MI: higher priced homes
- Muskegon, MI: less expensive homes
- Moorland, MI: higher priced homes
- North Muskegon, MI: higher priced homes
- Muskegon Heights, MI: less expensive homes
- Sullivan, MI: higher priced homes
- Lakewood Club, MI: less expensive homes
- Roosevelt Park, MI: equally priced homes
- Fruitport, MI: higher priced homes
- Holton, MI: equally priced homes
Cities with Similar Populations
- Wheatland, WI: higher priced homes
- Bonaparte, IA: less expensive homes
- Branch, MO: higher priced homes
- Brandsville, MO: less expensive homes
- Camp Wood, TX: equally priced homes
- Chase Mills, NY: equally priced homes
- West Charleston, ME: equally priced homes
- West Lincoln, MS: less expensive homes
- West Portal, NJ: higher priced homes
- West Scio, OR: higher priced homes
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