Similar to the surrounding areas, it's substantially less expensive compared to the entire country. Compared to the city of Detroit however, it is a lot more expensive.
Home prices
Luna Pier's median home value is $136,000. Compared to the surrounding areas this is about $2,600 (1%) higher.It is about $81,500 (37%) lower compared to the US as a whole, and is approximately $86,800 (176%) higher compared to the city of Detroit.
Rents
The median rent in Luna Pier is $383 a month. It is approximately $502 (56%) lower compared to other places in this area.In comparison to the rest of the nation it is about $679 (63%) lower, and it is about $441 (53%) lower in comparison to the city of Detroit.
Nearby places
South Monroe
South Monroe is about 5 miles north of Luna Pier. The housing prices there are pretty similar. South Monroe's median home price is $132,400, which is $3,600 (2%) lower than Luna Pier. Rent there is a lot more expensive. South Monroe's median monthly rent is $735, which works out to $352 (47%) higher than Luna Pier.
Temperance
Temperance is about 6 miles southwest of Luna Pier. Real estate prices there are somewhat more expensive. The median home in Temperance costs $167,600, which comes out to $31,600 (18%) higher than Luna Pier. The rent there is significantly more expensive. Temperance's median rent is $853 a month, which is $470 (55%) higher than Luna Pier.
West Monroe
West Monroe is approximately 7 miles north from Luna Pier. Its real estate prices are a lot less expensive. The value of the median home in West Monroe is $62,400, which works out to $73,600 (117%) lower than Luna Pier. The rent there is substantially more expensive. The median rent in West Monroe is $1,091 per month, which works out to $708 (64%) higher than Luna Pier.
Monroe
Monroe is about 7 miles north from Luna Pier. Real estate prices there are somewhat less expensive. Monroe's median home value is $122,300, which works out to $13,700 (11%) lower than Luna Pier. Rent there is substantially more expensive. The median rent in Monroe is $741 per month, which comes out to $358 (48%) higher than Luna Pier.
Lambertville
Lambertville is roughly 8 miles southwest of Luna Pier. Real estate prices there are a little more expensive. The median home in Lambertville costs $182,300, which comes out to $46,300 (25%) higher than Luna Pier. Its rents are substantially more expensive. The median monthly rent in Lambertville is $1,004, which comes out to $621 (61%) higher than Luna Pier.
