Choosing where to raise a family can impact the way a child sees the world.
Niche, a website offering rankings and statistics on towns, schools and colleges, recently released its 2024 Places with the Lowest Cost of Living in Oakland County. It offers a look at the most affordable places for families in Oakland County to call home based on a variety of factors including an area’s home value to income ratio, median rent, gas prices, grocery costs and more.
Top 10 Most Affordable Places to live in Oakland County
Ortonville
- Average home value: $224,500
- Population: 1,271
Ortonville’s own sprawling recreation area is a focal point for residents, as are nearby ski resorts Pine Knob and Mt. Holly.
Royal Oak Charter Township
- Average home value: $118,100
- Population: 2,400
Royal Oak Charter Township’s proximity to the bustle of nearby Ferndale and Royal Oak, paired with its own, quieter community, is appealing for active families.
Holly
- Average home value: $159,000
- Population: 5,997
The recreation areas and ski resorts surrounding Holly draw visitors from around the state.
Pontiac
- Average home value: $100,100
- Population: 61,965
Pontiac is known for its many recreation options including nightlife, concert venues, sports complexes, theaters, restaurants and more
Hazel Park
- Average home value: $129,300
- Population: 15,065
Residents enjoy great parks, stellar restaurants and charming neighborhoods in Hazel Park.
Rose Township
- Average home value: $293,800
- Population: 6,194
This tight knit community is proud of its natural resources and friendly, rural atmosphere.
Lake Orion
- Average home value: $323,300
- Population: 2,915
Year-round festivities suitable for the whole family add to Lake Orion’s community feel.
Waterford Charter Township
- Average home value: $223,300
- Population: 70,486
The Drayton Plains Community Center, Hess-Hathaway Park and Waterford Riverwalk are all located within the township.
Highland Charter Township
- Average home value: $299,000
- Population: 19,180
Highland Charter Township is split by M-59, giving residents easy access to park systems and bigger cities. The Highland Recreation Area, with its 44 miles of trails, is open to equestrians, mountain bikers and hikers.
Madison Heights
- Average home value: $172,500
- Population: 28,521
There’s plenty to do in Madison Heights–sports parks, water parks, restaurants, recreation centers and more.
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