Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Yale area can be challenging. Home prices in Yale are now at a median cost of $122,215, lower than the Michigan average of $196,062.
The average cost of rent is $801/mo in Yale, primarily driven by the current value of real estate in the Yale area. While nearly 37.31% of residents own their homes outright in Yale, 28.40% rent.
Housing affordability isn’t just about home prices, though. The average household income in Yale is $4,371 per month. Households that rent pay about 18.32% of their income on rent here. Yale's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Roseburg, MI: higher priced homes
- Valley Center, MI: higher priced homes
- Melvin, MI: equally priced homes
- Fargo, MI: higher priced homes
- Emmett, MI: higher priced homes
- Avoca, MI: higher priced homes
- Riley Center, MI: higher priced homes
- Capac, MI: higher priced homes
- Peck, MI: less expensive homes
- Ruby, MI: higher priced homes
Cities with Similar Populations
- Wray, CO: higher priced homes
- Pequot Lakes, MN: higher priced homes
- Millersburg, OR: higher priced homes
- Lone Oak, TX: equally priced homes
- Granite Falls, MN: higher priced homes
- Gosnell, AR: less expensive homes
- Fontana-on-Geneva Lake, WI: higher priced homes
- Fe Warren Afb, WY: higher priced homes
- Eunice, NM: equally priced homes
- Edgewood, PA: higher priced homes
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