Home prices
The median home price in Frankenmuth is $190,700. It is approximately $108,400 (131%) higher compared to its surrounding areas.It is about $26,800 (12%) lower in comparison to the rest of the country, and in comparison to the city of Detroit is approximately $141,500 (287%) higher.
Rents
Frankenmuth's median monthly rent is $672. This is approximately $38 (5%) lower in comparison to other places in this area.In comparison to the nation as a whole it is approximately $390 (36%) lower, and compared to the city of Detroit is approximately $152 (18%) lower.
Nearby places
Birch Run
Birch Run is approximately 5 miles southwest of Frankenmuth. Real estate prices there are significantly less expensive. The median home in Birch Run costs $99,700, which is $91,000 (91%) lower than Frankenmuth. Rent there is somewhat more expensive. The median rent in Birch Run is $818 per month, which works out to $146 (17%) higher than Frankenmuth.
Bridgeport
Bridgeport is roughly 6 miles west of Frankenmuth. Its real estate prices are substantially less expensive. Bridgeport's median home value is $71,100, which is $119,600 (168%) lower than Frankenmuth. Rents there are a bit less expensive. The median rent in Bridgeport is $634 a month, which comes out to $38 (5%) lower than Frankenmuth.
Vassar
Vassar is approximately 7 miles east of Frankenmuth. The real estate prices there are significantly less expensive. The value of the median home in Vassar is $85,500, which works out to $105,200 (123%) lower than Frankenmuth. Its rents are a little less expensive. In Vassar the median monthly rent is $636, which works out to $36 (5%) lower than Frankenmuth.
Reese
Reese is approximately 8 miles north of Frankenmuth. Its housing prices are a lot less expensive. The cost of the median home in Reese is $115,700, which comes out to $75,000 (64%) lower than Frankenmuth. Rents there are pretty similar. In Reese the median rent is $641 a month, which works out to $31 (4%) lower than Frankenmuth.
Buena Vista
Buena Vista is roughly 8 miles northwest of Frankenmuth. The housing prices there are significantly less expensive. The median home in Buena Vista is valued at $39,500, which works out to $151,200 (382%) lower than Frankenmuth. Rent there is a little more expensive. Buena Vista's median monthly rent is $823, which works out to $151 (18%) higher than Frankenmuth.
