Cost of Living in Cheboygan County, Michigan
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
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 Cheboygan County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Cheboygan County ranks #1,063 of 3,142 counties for affordability (top 34%)
Sourced county brief
Cheboygan County Median Gross Rent at $773 Per Month
In Cheboygan County, the median gross rent is $773 per month, which is $133 below the Michigan unweighted county mean of $906. The median home value is $192,500, also below the state unweighted county mean of $197,293. For owner-occupied housing, the median monthly cost is $809, while the state unweighted county mean is $918. The official median gross rent as a percentage of household income, or GRAPI, is 26.6%. This is 2.3 percentage points lower than the state unweighted county mean of 28.9%. Renter households in the county have a median income of $31,910. All statistics are sourced from the ACS 2020-2024 5-Year Estimates. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Cheboygan County
Affordability Verdict
ACS B25071 estimates median gross rent at 26.6% of renter household income in Cheboygan 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 $773 per month; median selected monthly owner costs are $809. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $30,920 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. Cheboygan County's $773 median is 14.6% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Cheboygan County
Rent Burden
14.8%
of gross income
Max Housing (28% Rule)
$1,467
per month
Owner Cost Burden
15.4%
of gross income
The median home in Cheboygan County may be a stretch
Median home value is $192,500. Estimated monthly cost: $1,537 vs. your max of $1,467.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
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 Cheboygan County, Michigan?
What is the median rent in Cheboygan County?
Is Cheboygan County affordable?
How does Cheboygan County's rent compare to the state average?
What is the median home value in Cheboygan County?
Counties with Similar Housing Costs
Planning a Move?
Researching the cost of living in Cheboygan County, Michigan? Compare moving quotes from top providers and save on your relocation.
Compare Moving QuotesCompare Mortgage Rates in Cheboygan County
Whether you're buying in Cheboygan County, Michigan, or refinancing, compare rates from top lenders using the terms each lender provides.
See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.