Cost of Living in Montmorency County, Michigan

$811/mo
Median Monthly Rent
$142,000
Median Home Value

At a Glance

Median Monthly Rent
$811/mo
7% below state average
Median Home Value
$142,000
50% below national
Rent-to-Income Ratio
39.0%
% 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 Montmorency County Compares

Median monthly rent comparison

Montmorency County$811/mo
Michigan Average$873/mo
National Median$1,163/mo

Detailed Housing Stats

$811/mo
Median Gross Rent
$142,000
Median Home Value
$705/mo
Monthly Owner Cost
39.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Montmorency County ranks #1,346 of 3,144 counties for affordability (top 43%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Montmorency County, Michigan

Montmorency faces affordability challenges

With a 20.4% rent-to-income ratio, Montmorency residents spend nearly a quarter more on housing than the national average of 16.3%, despite earning $26,952 less than U.S. median households. This strain reflects economic headwinds that make housing cost a significant household burden here.

Michigan's most pressured rental market

Montmorency's 20.4% rent-to-income ratio stands sharply above Michigan's 16.3% average, making it the state's most affordability-challenged county for renters. This gap signals that local income growth has not kept pace with housing costs, creating financial stress for many households.

Struggling compared to the region

Montmorency's $811 rent is the region's lowest, yet its 20.4% burden far exceeds Missaukee (16.3%), Montcalm (16.0%), and Muskegon (18.1%). The county's $47,803 median income—the lowest in this peer group—explains why even modest rents consume an outsized share of earnings here.

Housing dominates household budgets

Montmorency's $47,803 median income is strained by $811 monthly rent (20.4% of earnings) or $705 ownership costs (17.7%), leaving limited resources for other necessities. The county's lower incomes and cost pressures mean residents here face tougher financial trade-offs than Michigan's average.

Weigh carefully before relocating here

Montmorency offers Michigan's lowest absolute rents, but its 20.4% rent-to-income ratio signals real affordability strain compared to the rest of the state and nation. If you're considering a move here, verify that your incoming wages will significantly exceed the county median to ensure housing remains manageable.

Cost of Living Advisory: Montmorency County

Affordability Verdict

Montmorency County offers affordable rental housing at a median of $811/month — about 20.4% of the typical household income here.

Rent vs. Own

At $811/month rent versus $705/month in owner costs, owning is roughly $106/month cheaper — a 13% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $32,440/year. For owner costs at the 28% rule, the required income is roughly $30,214/year. With a median household income of $47,803, most households can comfortably afford rent here. Notably, 39.0% of renter households in Montmorency County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Montmorency County sits 6% less expensive than Isabella County ($863/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Montmorency County

$

Rent Burden

20.4%

of gross income

Max Housing (28% Rule)

$1,115

per month

Owner Cost Burden

17.7%

of gross income

The median home in Montmorency County may be a stretch

Median home value is $142,000. Estimated monthly cost: $1,134 vs. your max of $1,115.

Rent Affordability Guide

Your rent-to-income ratio20.4%
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: $47,803Needed: $32,440
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $47,803Needed: $30,214
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $47,803Needed: $33,047

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 Montmorency County, Michigan?
Montmorency County, Michigan has a median monthly rent of $811/mo and a median home value of $142,000. The affordability rating is Unaffordable, with rent making up approximately 39.0% of median household income.
What is the median rent in Montmorency County?
The median gross rent in Montmorency County is $811/mo. This is 7% below state average for Michigan.
Is Montmorency County affordable?
Montmorency County is rated Unaffordable based on rent-to-income ratio of 39.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Montmorency County's rent compare to the state average?
Montmorency County's median rent of $811/mo is 7% below state average of $873/mo for Michigan.
What is the median home value in Montmorency County?
The median home value in Montmorency County, Michigan is $142,000. This is 50% below the national median home value of $281,900.

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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.

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