108th most affordable of 199 in Metro Detroit
Cost of Living in Imlay City, MI
A typical home in Imlay City costs about $1,047 a month, 21.0% of the median household income of $59,911. That makes Imlay City the 18th most affordable of 24 places in Lapeer County and 108th of 199 across Metro Detroit.
- Median rent a month
- $895
- Median home value
- $150,000
- Owner cost with a mortgage
- $1,198
- Of income on housing
- 21.0%
Imlay City against Lapeer County and the metro
| Census median | Imlay City | Lapeer County | Metro Detroit |
|---|---|---|---|
| Median rent (monthly) | $895 | $988 | $1,207 |
| Median home value | $150,000 | $239,000 | $249,700 |
| Owner cost with a mortgage (monthly) | $1,198 | $1,512 | $1,720 |
| Median household income (yearly) | $59,911 | $77,306 | $76,664 |
| Share of income on housing | 21.0% | 19.4% | 22.9% |
Ranked 18th most affordable of 24 in Lapeer County. See all 24.
Cost of living near Imlay City
The towns around Imlay City, each with its own page.
- Imlay Township Rent $1,116 · Home $298,100 94th most affordable in the metro
- Attica Township Rent $1,625 · Home $246,300 176th most affordable in the metro
- Dryden Rent $1,238 · Home $208,300 142nd most affordable in the metro
- Goodland Township Rent $1,279 · Home $293,900 26th most affordable in the metro
- Almont Township Rent $968 · Home $297,300 46th most affordable in the metro
- Almont Rent $988 · Home $246,500 63rd most affordable in the metro
- Dryden Township Rent $1,165 · Home $302,200 40th most affordable in the metro
- Mussey Township Rent $848 · Home $216,100 92nd most affordable in the metro
Living in Imlay City
- Homes for sale in Imlay City Listings and off-market deals
- Rentals in Imlay City Houses and apartments for rent
- Imlay City neighborhoods Every neighborhood on a map
- Imlay City crime rate From Imlay City's own police reports
- Cost of living in Lapeer County Every town in the county, ranked
- Most affordable cities in Metro Detroit All six counties, ranked
- Imlay City city guide Pros, homes and city services
Imlay City cost of living questions
5 questions
Is Imlay City, MI expensive to live in?
A typical home in Imlay City takes 21.0% of the median household income, against 22.9% across Metro Detroit, which ranks it 108th most affordable of 199 places.
What is the average rent in Imlay City?
The median gross rent is $895 a month, rent plus the utilities the renter pays, 26% below the metro.
How much does a house cost in Imlay City?
Owners put the median home value at $150,000, 40% below the metro. With a mortgage, the median owner pays $1,198 a month for the mortgage, taxes, insurance and utilities.
What income do you need to live in Imlay City?
Spending no more than 30% of income on housing, the usual rule, a typical Imlay City home at $1,047 a month calls for about $42,000 a year. The median household here earns $59,911.
Where do these numbers come from?
The U.S. Census Bureau's American Community Survey 2020-2024 5-year estimates for Imlay City. They are medians, half above and half below, and today's listings and rents can differ.
Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates.