The Most Affordable Neighborhoods in Zilwaukee, MI by Home Value

 

Zilwaukee, MI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Zilwaukee area can be challenging. Home prices in Zilwaukee are now at a median cost of $74,606, lower than the Michigan average of $196,062.

The average cost of rent is $1,023/mo in Zilwaukee, primarily driven by the current value of real estate in the Zilwaukee area. While nearly 59.58% of residents own their homes outright in Zilwaukee, 19.85% rent.

Housing affordability isn’t just about home prices, though. The average household income in Zilwaukee is $4,788 per month. Households that rent pay about 21.36% of their income on rent here. Zilwaukee's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.


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