Cost of Living in Alpena County, Michigan

$660/mo
Median Monthly Rent
$137,800
Median Home Value
24% below state averageUnaffordable

At a Glance

Median Monthly Rent
$660/mo
24% below state average
Median Home Value
$137,800
51% below national
Rent-to-Income Ratio
28.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Alpena County Compares

Median monthly rent comparison

Alpena County$660/mo
Michigan Average$873/mo
National Median$1,163/mo

Detailed Housing Stats

$660/mo
Median Gross Rent
$137,800
Median Home Value
$681/mo
Monthly Owner Cost
28.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Alpena County, Michigan

Alpena's affordability beats national picture

Alpena County renters spend just 15.3% of income on housing, well below the 30% affordability ceiling and comfortably lower than Michigan's 16.3% state average. Though median household income lags at $51,909 versus the national $74,755, modest rents of $660 monthly make housing genuinely accessible.

Among Michigan's most affordable rental markets

Alpena ranks near the top of Michigan counties for housing affordability, with a 15.3% rent-to-income ratio and median rent of just $660—$213 below the state average. The county's strength lies in keeping housing costs low despite incomes that fall below state averages.

Lowest rents in the northern cluster

Alpena's $660 monthly rent is the lowest among this sample of eight counties, even below Baraga's $557 for renters versus owner costs. On incomes of $51,909, Alpena renters carry the smallest burden relative to peers in Alcona and Arenac.

Bargain rents anchor strong affordability

Renters pay just $660 monthly while homeowners carry $681 in costs, with a median home value of $137,800 that keeps ownership within reach. Combined housing costs claim roughly 15% of the $51,909 median income, delivering genuine affordability on modest earnings.

Northern Michigan's affordability champion

Alpena County delivers the lowest rents in Michigan's far north alongside tight housing costs—a powerful draw for budget-conscious newcomers and retirees. The combination of rock-bottom rents and modest home prices creates breathing room that's rare in today's housing market.

Affordability Calculator

See how your income compares to housing costs in Alpena County

$

Rent Burden

15.3%

of gross income

Max Housing (28% Rule)

$1,211

per month

Owner Cost Burden

15.7%

of gross income

You can likely afford the median home in Alpena County

Median home value is $137,800. Estimated monthly cost: $1,100 vs. your max of $1,211.

Rent Affordability Guide

Your rent-to-income ratio15.3%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Alpena County, Michigan?
Alpena County, Michigan has a median monthly rent of $660/mo and a median home value of $137,800. The affordability rating is Unaffordable, with rent making up approximately 28.0% of median household income.
What is the median rent in Alpena County?
The median gross rent in Alpena County is $660/mo. This is 24% below state average for Michigan.
Is Alpena County affordable?
Alpena County is rated Unaffordable based on rent-to-income ratio of 28.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Alpena County's rent compare to the state average?
Alpena County's median rent of $660/mo is 24% below state average of $873/mo for Michigan.
What is the median home value in Alpena County?
The median home value in Alpena County, Michigan is $137,800. This is 51% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.