Cost of Living in Manistee County, Michigan

$820/mo
Median Monthly Rent
$166,600
Median Home Value

At a Glance

Median Monthly Rent
$820/mo
6% below state average
Median Home Value
$166,600
41% below national
Rent-to-Income Ratio
33.0%
% 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 Manistee County Compares

Median monthly rent comparison

Manistee County$820/mo
Michigan Average$873/mo
National Median$1,163/mo

Detailed Housing Stats

$820/mo
Median Gross Rent
$166,600
Median Home Value
$784/mo
Monthly Owner Cost
33.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Manistee County ranks #2,386 of 3,144 counties for affordability (bottom 24%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Manistee County, Michigan

Manistee: Solid National Affordability

Manistee County residents spend 16.2% of household income on rent, slightly above the national sweet spot but remaining reasonably affordable compared to many American markets. With a median household income of $60,879—below the national average—this county still delivers respectable housing value for lower-income households.

Right at Michigan's Average

Manistee County's rent-to-income ratio of 16.2% sits nearly even with Michigan's state average of 16.3%, making it a middle-of-the-road option for affordability across the state. Monthly rent of $820 runs modestly below the state average of $873, offering modest savings for Michigan renters.

Affordability Between Regional Extremes

Manistee County positions itself as moderately priced compared to neighbors, with rents $59 below Marquette County but $45 above Menominee County's lowest rates. The median home value of $166,600 aligns closely with Mackinac County, making both reliable choices for homebuyers seeking value.

Ownership Slightly Cheaper Than Renting

Manistee County renters pay $820 monthly while homeowners spend $784—a rare arrangement where mortgages cost less than rent. This $36 monthly advantage for owners, combined with a 16.2% income burden, suggests good value for those able to secure financing.

Balanced Option for Michigan Movers

Manistee County offers middle-ground affordability without the premium pricing of Macomb or the ultra-cheap costs of Menominee, making it ideal for renters and buyers seeking stability. Research local employment in your field, then compare this county's balanced 16.2% ratio against more expensive alternatives to plan your Michigan relocation.

Cost of Living Advisory: Manistee County

Affordability Verdict

Manistee County is affordable for renters, with a median gross rent of $820/month representing approximately 16.2% of median household income. The rent burden (GRAPI) stands at 33.0%.

Rent vs. Own

At $820/month rent versus $784/month in owner costs, owning is roughly $36/month cheaper — a 4% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $32,800/year. For owner costs at the 28% rule, the required income is roughly $33,600/year. With a median household income of $60,879, most households can comfortably afford rent here. Notably, 33.0% of renter households in Manistee County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within Michigan, Manistee County is more affordable than Oceana County by roughly 7% ($820/mo vs $768/mo).

Affordability Calculator

See how your income compares to housing costs in Manistee County

$

Rent Burden

16.2%

of gross income

Max Housing (28% Rule)

$1,421

per month

Owner Cost Burden

15.5%

of gross income

You can likely afford the median home in Manistee County

Median home value is $166,600. Estimated monthly cost: $1,330 vs. your max of $1,421.

Rent Affordability Guide

Your rent-to-income ratio16.2%
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: $60,879Needed: $32,800
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $60,879Needed: $33,600
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $60,879Needed: $38,772

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 Manistee County, Michigan?
Manistee County, Michigan has a median monthly rent of $820/mo and a median home value of $166,600. The affordability rating is Unaffordable, with rent making up approximately 33.0% of median household income.
What is the median rent in Manistee County?
The median gross rent in Manistee County is $820/mo. This is 6% below state average for Michigan.
Is Manistee County affordable?
Manistee County is rated Unaffordable based on rent-to-income ratio of 33.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Manistee County's rent compare to the state average?
Manistee County's median rent of $820/mo is 6% below state average of $873/mo for Michigan.
What is the median home value in Manistee County?
The median home value in Manistee County, Michigan is $166,600. This is 41% below the national median home value of $281,900.

Counties with Similar Housing Costs

Sponsored

Planning a Move?

Researching the cost of living in Manistee County, Michigan? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes
Sponsored

Compare Mortgage Rates in Manistee County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates
By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.