Cost of Living in Montmorency County, Michigan

$811/mo
Median Monthly Rent
$142,000
Median Home Value
7% below state averageUnaffordable

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

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.

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%

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