Similar to other places in this area, it is a lot less expensive compared to the rest of the country. However it's significantly more expensive compared to the city of Detroit.
Home prices
The median home price in Clio is $76,700. It is approximately $3,720 (4%) lower compared to other places in this area.It is approximately $140,800 (64%) lower compared to the rest of the country, and in comparison to the city of Detroit it is about $27,500 (55%) higher.
Rents
The median monthly rent in Clio is $632. It is approximately $125 (16%) lower compared to its nearby areas.It is roughly $430 (40%) lower compared to the US as a whole, and is approximately $192 (23%) lower in comparison to the city of Detroit.
Nearby places
Mount Morris
Mount Morris is approximately 4 miles south of Clio. Housing prices there are a lot less expensive. The median home in Mount Morris is valued at $58,000, which is $18,700 (32%) lower than Clio. Rent there is somewhat more expensive. Mount Morris's median monthly rent is $697, which is $65 (9%) higher than Clio.
Birch Run
Birch Run is roughly 5 miles northwest of Clio. The real estate prices there are somewhat more expensive. Birch Run's median home price is $99,700, which works out to $23,000 (23%) higher than Clio. Rent there is a little more expensive. In Birch Run the median monthly rent is $818, which is $186 (22%) higher than Clio.
Beecher
Beecher is about 5 miles south of Clio. The housing prices there are substantially less expensive. Beecher's median home value is $29,300, which works out to $47,400 (161%) lower than Clio. Rents there are a bit more expensive. Beecher's median monthly rent is $732, which comes out to $100 (13%) higher than Clio.
Montrose
Montrose is roughly 6 miles west from Clio. The real estate prices there are a little more expensive. The median home price in Montrose is $81,800, which works out to $5,100 (6%) higher than Clio. The rent there is fairly similar. In Montrose the median rent is $630 a month, which is very similar to Clio.
Burt
Burt is approximately 8 miles northwest of Clio. The housing prices there are a lot more expensive. The median home in Burt costs $133,300, which comes out to $56,600 (42%) higher than Clio. The rent there is somewhat more expensive. In Burt the median rent is $910 a month, which works out to $278 (30%) higher than Clio.
