Cost of Living in Baraga County, Michigan

$557/mo
Median Monthly Rent
$124,400
Median Home Value
36% below state averageUnaffordable

At a Glance

Median Monthly Rent
$557/mo
36% below state average
Median Home Value
$124,400
56% below national
Rent-to-Income Ratio
20.0%
% 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 Baraga County Compares

Median monthly rent comparison

Baraga County$557/mo
Michigan Average$873/mo
National Median$1,163/mo

Detailed Housing Stats

$557/mo
Median Gross Rent
$124,400
Median Home Value
$721/mo
Monthly Owner Cost
20.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Baraga County, Michigan

Baraga delivers exceptional rental affordability

Baraga County renters spend just 12.1% of income on housing—the lowest ratio in this entire eight-county sample and well below both the 30% affordability threshold and Michigan's 16.3% average. With median rent at $557 monthly on a median household income of $55,117, Baraga stands out as a genuine affordability outlier.

Michigan's bargain rental market leader

Baraga County boasts the lowest rent-to-income ratio in Michigan's eight-county sample at 12.1%, powered by the state's lowest median rent of just $557. While incomes remain modest at $55,117, the exceptionally low rents create unmatched housing relief.

Rock-bottom rents define Upper Peninsula gem

Baraga's $557 monthly rent undercuts every other county in this sample—Alpena ($660), Alger ($712), and all others—making it the clear affordability champion of Michigan's far north. Despite incomes of $55,117, renters here claim the most housing relief on the peninsula.

Housing barely dents household budget

Renters pay just $557 monthly while homeowners spend $721 on mortgages and insurance, with homes valued at $124,400 and median income at $55,117. Rental housing consumes only 12% of income—extraordinary by modern standards—while ownership climbs to roughly 16%, still highly affordable.

Upper Peninsula's ultimate affordability destination

Baraga County is Michigan's affordability champion: the lowest rents in the state and homes under $125,000 leave renters and buyers with substantial monthly discretionary income. Remote workers and retirees seeking maximum housing relief should make Baraga a priority in their search.

Affordability Calculator

See how your income compares to housing costs in Baraga County

$

Rent Burden

12.1%

of gross income

Max Housing (28% Rule)

$1,286

per month

Owner Cost Burden

15.7%

of gross income

You can likely afford the median home in Baraga County

Median home value is $124,400. Estimated monthly cost: $993 vs. your max of $1,286.

Rent Affordability Guide

Your rent-to-income ratio12.1%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Baraga County, Michigan?
Baraga County, Michigan has a median monthly rent of $557/mo and a median home value of $124,400. The affordability rating is Unaffordable, with rent making up approximately 20.0% of median household income.
What is the median rent in Baraga County?
The median gross rent in Baraga County is $557/mo. This is 36% below state average for Michigan.
Is Baraga County affordable?
Baraga County is rated Unaffordable based on rent-to-income ratio of 20.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Baraga County's rent compare to the state average?
Baraga County's median rent of $557/mo is 36% below state average of $873/mo for Michigan.
What is the median home value in Baraga County?
The median home value in Baraga County, Michigan is $124,400. This is 56% 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.