Home prices
The price of the median home in Bay City is $66,800. It is approximately $30,640 (31%) lower compared to the surrounding areas.Compared to the country as a whole it is approximately $150,700 (69%) lower, and it is roughly $17,600 (35%) higher in comparison to the city of Detroit.
Rents
Bay City's median monthly rent is $634. Compared to its surrounding areas it is roughly $252 (28%) lower.It is approximately $428 (40%) lower in comparison to the rest of the nation, and in comparison to the city of Detroit it is approximately $190 (23%) lower.
Nearby places
Essexville
Essexville is Bay City's neighbor to the northeast. The housing prices there are a little more expensive. The median home in Essexville costs $92,400, which comes out to $25,600 (27%) higher than Bay City. Rents there are substantially more expensive. The median monthly rent in Essexville is $936, which works out to $302 (32%) higher than Bay City.
Zilwaukee
Zilwaukee is about 7 miles south from Bay City. The real estate prices there are a little more expensive. The median home in Zilwaukee is valued at $72,900, which comes out to $6,100 (8%) higher than Bay City. Rent there is a little more expensive. Zilwaukee's median monthly rent is $920, which works out to $286 (31%) higher than Bay City.
Auburn
Auburn is approximately 7 miles west from Bay City. Its housing prices are a lot more expensive. The median home in Auburn costs $117,600, which is $50,800 (43%) higher than Bay City. Rent there is similar. In Auburn the median rent is $648 a month, which comes out to $14 (2%) higher than Bay City.
Freeland
Freeland is approximately 10 miles southwest of Bay City. The real estate prices there are a lot more expensive. The median home in Freeland is valued at $164,800, which comes out to $98,000 (59%) higher than Bay City. Rents there are substantially more expensive. Freeland's median rent is $1,104 a month, which is $470 (42%) higher than Bay City.
Buena Vista
Buena Vista is about 10 miles south from Bay City. Real estate prices there are significantly less expensive. The value of the median home in Buena Vista is $39,500, which comes out to $27,300 (69%) lower than Bay City. Rent there is a bit more expensive. The median rent in Buena Vista is $823 per month, which works out to $189 (22%) higher than Bay City.
