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Home » 13 Most Affordable Places to Live in Michigan in 2024
Real Estate

13 Most Affordable Places to Live in Michigan in 2024

July 7, 2024No Comments2 Mins Read
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Michigan is a beautiful state with attractions like the Great Lakes, Sleeping Bear Dunes National Lakeshore, and Hiawatha National Forest. If you’re looking to live in Michigan on a budget, the median home sale price is $272,900 as of June. But don’t worry, we have compiled a list of the 13 most affordable places to live in Michigan where the median home sale price is under $272,900.

#1: Flint

Median home price: $63,500
Average sale price per square foot: $58
Average rent for a 1-bedroom apartment: $879
Median household income: $35,451
Flint, MI homes for sale
Flint, MI apartments for rent

Flint takes the top spot on our list with a median home sale price of $63,500. The city offers attractions like the Flint Institute of Arts Museum, Sloan Museum of Discovery, and Flint Farmers’ Market, making it a great place to call home.

#2: Detroit

Median home price: $93,000
Average sale price per square foot: $75
Average rent for a 1-bedroom apartment: $1,320
Median household income: $32,498
Detroit, MI homes for sale
Detroit, MI apartments for rent

Detroit comes in second with a median home sale price of $93,000. The city is known for its rich history, delicious food, and cultural attractions like the Motown Museum and Henry Ford Museum of American Innovation.

Methodology: All cities must have over 50,000 residents per the US Census and have a median home sale price under the average median home sale price in Michigan. Median home sale price and median sale price per square foot from the Redfin Data Center during June 2024. Average rental data from Rent.com July 2023. Population and median household income data sourced from the United States Census Bureau.

See also  Places to Get Money in an Emergency

Affordable Live Michigan Places
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