CostBy County

Cost of Living in Charlevoix County, Michigan

$949/mo
Median Monthly Rent
$276,800
Median Home Value

At a Glance

Median Monthly Rent
$949/mo
5% above state average
Median Home Value
$276,800
17% below national
Census GRAPI
29.8%
Median gross rent as % of renter income

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

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How Charlevoix County Compares

Median monthly rent comparison

Charlevoix County$949/mo
Michigan Average$906/mo
National Median$1,413/mo

Detailed Housing Stats

$949/mo
Median Gross Rent
$276,800
Median Home Value
$1,084/mo
Monthly Owner Cost
29.8%
Census GRAPI

National Ranking

Affordability Rank

Charlevoix County ranks #2,186 of 3,142 counties for affordability (bottom 30%)

Most AffordableLeast Affordable

Sourced county brief

Charlevoix County Median Owner Costs Above State Mean

Median monthly owner costs for all owner-occupied units in Charlevoix County are $1,084. This is $166 higher than the Michigan unweighted county mean of $918. The median home value in the county is $276,800, which is above the state unweighted county mean of $197,293. Median gross rent was estimated at $949 per month, compared to the state unweighted county mean of $906. The official ACS B25071 median gross rent as a percentage of household income, or GRAPI, is 29.8% in Charlevoix County. This value is 0.9 percentage points above the Michigan unweighted county mean of 28.9%. Renter households have a median income of $41,292. Data is derived from the ACS 2020-2024 5-Year Estimates. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Charlevoix County

Affordability Verdict

ACS B25071 estimates median gross rent at 29.8% of renter household income in Charlevoix County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $949 per month; median selected monthly owner costs are $1,084. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $37,960 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The Michigan unweighted mean of county median rents is $906 per month. Charlevoix County's $949 median is 4.8% above that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Charlevoix County

$

Rent Burden

14.9%

of gross income

Max Housing (28% Rule)

$1,786

per month

Owner Cost Burden

17.0%

of gross income

The median home in Charlevoix County may be a stretch

Median home value is $276,800. Estimated monthly cost: $2,210 vs. your max of $1,786.

Rent Affordability Guide

Your entered rent as a share of entered income14.9%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $76,531Needed: $37,960
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $76,531Needed: $46,457
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $76,531Needed: $64,419

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Charlevoix County, Michigan?
Charlevoix County, Michigan has a median monthly rent of $949/mo and a median home value of $276,800. The affordability rating is Affordable, with median gross rent equal to approximately 29.8% of renter household income.
What is the median rent in Charlevoix County?
The median gross rent in Charlevoix County is $949/mo. This is 5% above state average for Michigan.
Is Charlevoix County affordable?
Charlevoix County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 29.8%. Median gross rent is under 30% of renter household income.
How does Charlevoix County's rent compare to the state average?
Charlevoix County's median rent of $949/mo is 5% above state average of $906/mo for Michigan.
What is the median home value in Charlevoix County?
The median home value in Charlevoix County, Michigan is $276,800. This is 17% below the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

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