Cost of Living in Manistee County, Michigan

$820/mo
Median Monthly Rent
$166,600
Median Home Value
6% below state averageUnaffordable

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

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.

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%

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.
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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.